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U.K. Regulators Extend Deadline For Carlyle, Chemring Talks

Friday, September 21st, 2012

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Britain’s Chemring recently said that government regulators in the United Kingdom have granted a deadline extension for talks between the company and the private equity firm The Carlyle Group that could lead to an agreement by the investment firm to acquire the developer and manufacturer of energetic products and countermeasures. Chemring disclosed last month that Carlyle has expressed an interest in acquiring the company. Under British law, Carlyle was required to either announce a firm intention to make an offer…

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