Carlyle Group Buys 9% of Haier Electronics

The Carlyle Group says it will pay $137 million in Haier Electronics Group Co., Reuters reported. Carlyle will invest through convertible bonds and has an option to invest another $57 million when warrants are exercised. Along with other investments in the company Carlyle will have a right to securities representing approximately 9 percent of Haier, Reuters wrote.

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