Published August 06, 2012
According to the New York Post, the Carlyle bid values the business at about eight times earnings before interest, depreciation, taxes and amortization -- slightly higher than DuPont had anticipated.
The potential acquisition comes just weeks after Carlyle teamed up with BC Partners to acquire industrials company Hamilton Sundstrand from blue-chip conglomerate United Technologies (UTX) for $3.5 billion.
Shares of DuPont gained 0.69% to $49.81, while Carlyle ticked up 0.86% to $24.56.
Based in Washington, D.C., Carlyle went public in May with an initial public offering that raised $671 million.