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Carlyle Plans Travel Agent Selldown

Aug 9, 2011

The Carlyle Group plans to float a portion of travel services provider CVC Brasil Operadora e Agencia de Viagens, according to a prospectus announcing an all-secondary share IPO. CVC, 63% controlled by the US private equity group, had been expected to be among this year’s...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management