March 30, 2023

Cayman Islands: Carlyle sues China ATM firm seeking $369 million over missed IPO

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By Benjamin Robertson, Cathy Chan From Bloomberg Winding-up petition filed in Caymans by two Carlyle funds Carlyle Asia Growth Partners IV announced investment in 2010 Carlyle Group LP funds are taking legal action against Chinese automated teller machine company ATMU Inc., claiming to be owed $368.9 million after ATMU allegedly missed a four-year deadline for […]