Carlyle to sell 20 mln CommScope shares
CommScope Holding Co. Inc. said Wednesday that The Carlyle Group is selling 20 million shares in a secondary offering. The underwriter, J.P. Morgan Securities, also has the option to buy up to 3 million additional shares from Carlyle. Following the deal, Carlyle’s stake will drop to about 31 percent if the underwriter exercises its option. Carlyle acquired CommScope, which makes telecommunications equipment, in 2010. CommScope went public in October 2013.
11 June 2015•6 mins read
