Shares of the Deerfield, Illinois-based firm rose more than 4%. Medical device maker Baxter said in March it had been in discussions with select private equity investors to explore a potential sale of the kidney care unit more than a year after it announced plans to separate the unit amid supply-chain challenges and weak demand for dialysis operations. Baxter declined to comment while Carlyle did not immediately respond to a Reuters request for comment.
Auto Services Company bought more shares of Bassett Furniture, a maker of home furnishings. EIG Veteran Equity Aggregator lowered its stake in USA Compression, a provider of natural-gas compression services.
Carlyle (CG) is set to benefit from its efforts to grow organically. However, a rise in expenses due to higher compensation-related costs is likely to hinder its bottom-line growth.