• Carlyle saved from losses by backing out of American Express deal: sources

    Carlyle saved from losses by backing out of American Express deal: sources

    May 12, 2020 | 07:47pm

    Private equity firm Carlyle Group’s abrupt decision to pull out of a $450 million investment in American Express’ troubled travel agency business could help it save a foundering new investment strategy, The Post has learned. The $195 billion Washington, DC, firm last week said it would be bowing out of plans to buy a 20 …
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