October 29, 2009

Broadleaf To Do MBO with Carlyle

Broadleaf Co., Ltd. a provider of system packages for automotive industry businesses announced that ITX Corporation and Olympus Corporation agreed to sell all their shares to the Carlyle group, a global private equity firm. After Carlyle purchased a 100% stake of the system provider, it stated that it plans to do a MBO with Carlyle later on.

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