General Lighting plans Saudi share saleGeneral Lighting Company, a Saudi Arabian company part-owned by Carlyle Group, plans to sell its shares on the Saudi stock market, paving the way for the private equity firm to exit its stake, two sources said. General Lighting is More… |
Carlyle buys stake in Saudi lighting firmGlobal private equity firm The Carlyle Group has announced the acquisition of a 30 per cent stake in Saudi Arabia’s largest lighting fixtures manufacturer and supplier, General Lighting Company (GLC). Bank Audi provided financing for this More… |