Carlyle sells $213 million in shares of Brazil’s Rede D’Or -reports

By Thomson Reuters May 22, 2024 | 9:46 AM

SAO PAULO (Reuters) – Private equity firm Carlyle is selling a 1.6% stake in Brazilian hospital chain Rede D’Or in a block trade worth about 1.1 billion reais ($213.29 million), local outlets Brazil Journal and Valor Economico reported on Wednesday.

The sale represents half of what Carlyle owns in the firm and would leave it with a 1.6% stake in the company, according to the reports.

($1 = 5.1574 reais)

(Reporting by Peter Frontini; editing by Gabriel Araujo)