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Sunday, February 20, 2011

Carlyle, Macquarie to buy Redflex for $304 mln, (MQG), (RDF)

The Carlyle Group [CYL.UL] and Australian investment bank Macquarie Group Ltd (MQG.AX) have agreed to buy Redflex Holdings Ltd (RDF.AX) for $304 million, Carlyle said in a statement on Monday. Carlyle and Macquarie will pay A$2.70 per share to buy all the ordinary shares in Redflex, which is a global traffic safety company, the statement added. (Reporting by Denny Thomas; Editing by Jacqueline Wong)

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