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-8.98472596586264E-05 -0.000359389038634378 0.00035938903863425 -0.000898472596585881 0.00251572327044013 0.00251572327044013 0.00251572327044013 0.00251572327044013
Stock impact report

Why Carlyle (CG) Stock Is Trading Up Today [Yahoo! Finance]

The Carlyle Group Inc. (CG) 
Last the carlyle group inc. earnings: 4/30 06:40 am Check Earnings Report
US:NASDAQ Investor Relations: ir.carlyle.com
Company Research Source: Yahoo! Finance
Shares of private equity firm Carlyle Group (NASDAQ:CG) jumped 2.7% in the afternoon session after reports surfaced that the company was in talks to acquire a majority stake in an Indian home mortgage firm, Nido Home Finance. The discussions were reportedly part of a strategy to increase investments in India's financial services sector. According to sources familiar with the matter, Carlyle targeted an initial investment of $300 million in the Mumbai-based lender, which is owned by Edelweiss Financial Services Ltd. This potential deal highlighted a trend of global investors seeking more exposure to India's rapidly growing housing finance market, and the stock's movement suggested investors viewed the potential expansion positively. Show less Read more
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