Carlyle in exclusive talks to buy Tyco's S.Korean unit - Reuters

Private equity firm Carlyle Group has entered into exclusive talks to buy Tyco International Inc's South Korean security systems unit, a business valued at around $2 billion, writes Reuters. A successful sale of the unit, ADT Caps, would be the second large private equity transaction in South Korea this year, after KKR & Co and Affinity's $5.8 billion sale of Oriental Brewery to Anheuser-Busch InBev SA.

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