Carlyle confident of Xugong success

Despite the possibility of a rival offer from a local business and delays in regulatory approval, Carlyle remains positive that its $375m offer for Chinese construction company Xugong will be the first majority acquisition of a Chinese state-owned enterprise by a private equity firm.

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this