Carlyle Reduces Stake in Brazil’s Qualicorp (Latin America)
Source: Dow Jones | Author: Rogerio Jelmayer
The Carlyle Group sold a portion of its holding in Brazilian health insurance provider Grupo Qualicorp, reducing its stake from 17.47 percent to 5.93 percent. BHCS FIP, an investment vehicle owned by Carlyle, sold 46 million shares on the BM&FBOVESPA stock exchange in an operation that was reportedly valued at BRL919.5 million (approximately US$438.4 million). Carlyle first invested in Grupo Qualicorp in 2010.