Carlyle Group Eyes India's Housing Market

The Carlyle Group, a prominent private equity firm, is reportedly considering a significant investment in Nido Home Finance, an Indian home loan provider. This potential deal, valued at around $300 million, reflects Carlyles growing interest in Indias burgeoning housing market. The news of this potential acquisition has positively impacted Carlyles stock, which initially jumped by 2.6% before settling. Despite this, the stock remains about 20% below its peak from last September. However, investors who bought into Carlyle five years ago have seen their investment nearly double, highlighting the firms long-term growth strategy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.