Carlyle to make 2.24x its money with CommScope

Hickory, N.C.-based CommScope, a telecom equipment provider backed by The Carlyle Group, plans to go public this week, selling 38.46 million shares at $18 to $21 each via lead underwriters J.P. Morgan, Deutsche Bank and BofA Merrill Lynch. Of the shares sold, CommScope is offering 30.8 million shares.