Sunday 13 July 2014
General Lighting Company

General Lighting plans Saudi share sale

General Lighting Company, a Saudi Arabian company part-owned by Carlyle Group, plans to sell its shares on the Saudi stock market, paving the way for the private equity firm to exit its stake, two sources said. General Lighting is


Carlyle buys stake in Saudi lighting firm

Global private equity firm The Carlyle Group has announced the acquisition of a 30 per cent stake in Saudi Arabia’s largest lighting fixtures manufacturer and supplier, General Lighting Company (GLC). Bank Audi provided financing for this

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