Carlyle scraps $1bn Arinc sale

first_img Show Comments ▼ Private equity firm Carlyle Group has scrapped plans to sell US defence and aviation group Arinc, after failing to find a buyer for the firm in the past six months, several people familiar with the matter said. Carlyle, which hired Goldman Sachs to advise it on the $1bn (£651.4m) sale, is now thought to be pursuing an initial public offering. Carlyle declined to comment. KCS-content whatsapp Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timesautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat Newscenter_img Share Carlyle scraps $1bn Arinc sale whatsapp More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Sunday 12 September 2010 10:59 pmlast_img read more

KenGen Limited (KEGN.ke) 2010 Annual Report

first_imgKenGen Limited (KEGN.ke) listed on the Nairobi Securities Exchange under the Energy sector has released it’s 2010 annual report.For more information about KenGen Limited (KEGN.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the KenGen Limited (KEGN.ke) company page on AfricanFinancials.Document: KenGen Limited (KEGN.ke)  2010 annual report.Company ProfileKenya Electricity Generating Company Limited (KenGen) generates and sells electricity in Kenya and for consumption in East Africa sub-regions. Electricity is generated through hydro, thermal, geothermal and wind power generation plants with a combined installed capacity in excess of 1 600 megawatts. KenGen was incorporated in 1954 under the Companies Act as Kenya Power Company (KPC) to construct the transmission line between Nairobi and Tororo in Uganda, as well as develop geothermal and other power generating facilities in the two countries. KPC sold electricity in bulk at cost to Kenya Power under a management contract. Following energy sectoral reforms in 1996, the management of KPC was separated from Kenya Power and a new enterprise was established called KenGen. The power utility owns 31 power-generating plants and operates in a liberalised power generation environment. Its head office is in Nairobi, Kenya. Kenya Electricity Generating Company Limited is listed on the Nairobi Securities Exchangelast_img read more