Carlyle Group's Potential Hogy Medical Acquisition Boosts Stock

Carlyle Groups stock rose by three percent following news of potential acquisition of Hogy Medical, a Japanese medical products company valued at $826 million. The companys Global Credit platform also secured a $290 million deal with Mecachrome Group. Despite positive market reaction, Carlyles shares remain volatile, trading nearly 17% below its 52-week high. Long-term investors have seen their investments grow by over 190% in the past five years.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.