Carlyle Group plans up to 2 investments in MENA

24 Sep 2012

(MENAFN) US private equity firm Carlyle Group plans up to two investments in the Middle East and North Africa region, with eyes focused on Turkey and Saudi Arabia, Arabian Business reported.

Can Deldag, co-head of Carlyle Middle East and North Africa, confirmed Carlyle was aiming to close two deals in the region in the coming year, most likely in Turkey and Saudi Arabia.

He added that the group was also seeking opportunities in Oman and the UAE.

Earlier this month, Carlyle Group invested in a minority stake in Istanbul-based Penti, a manufacturer and retailer of women’s hosiery, lingerie and swimwear, which also has 11 outlets in Saudi Arabia.

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