Reuters - Carlyle Gets Extension on Chemring Bid Talks
Defense equipment maker Chemring Group said US private equity firm Carlyle Group had been granted an extension to the "put up or shut up" deadline to make an offer for the British company, writes Reuters. The news sent Chemring's stock up 5 percent, indicating that investors were relieved the company was still in talks with the US investment firm.
17 September 2012•3 mins read
