US private equity firm Carlyle has begun talks with UAE investors to bring in partners should its deal to buy Russian Lukoil's international assets worth $20 billion proceed, said a report. Lukoil boasts strategic stakes in European refineries as well as significant holdings in oil fields from Iraq to Kazakhstan.
Highway Roop Precision Technologies, a Carlyle-backed manufacturer of mission-critical precision components across torque and control applications, has completed its acquisition of Chamundi, an Indian manufacturer of complex, precision-machined aluminum die-cast components for automotive and industrial applications.
