Carlyle To Trim Stake In Axalta Through $702M Share Sale

By Fola Akinnibi (May 25, 2016, 3:29 PM EDT) -- The Carlyle Group plans to shed another large stake in Axalta Coating Systems Ltd. with an offering that could raise up to $702.8 million and drop the private equity giant's stake in the company below 20 percent, the automotive and industrial coatings company said Tuesday....

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