Deals Rumor Mill: Carlyle, Vodafone, Altegrity

By Karlee Weinmann (January 27, 2014, 4:16 PM EST) -- The real estate servicer unit of UGL Ltd. could find its way into private equity hands in a deal worth up to $1.3 billion, The Australian reported Monday. The subsidiary, DTZ, has so far captured the attention of heavyhitters Carlyle Group LP, TPG Capital and Pacific Equity Partners. The field of suitors also potentially includes Warburg Pincus LLC and Blackstone Group LP. A formal sale process is not yet underway, but robust interest from private equity players suggests the company could pursue an outright sale of the unit rather than an initial public offering. A sale could come as soon as March....

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