Domino's Pizza Inc DPZ:NYSE

Last Price$434.81NYSE Previous Close - Last Trade as of 7:00PM ET 1/21/22

Today's Change-17.46(3.86%)
Bid (Size)$425.00 (5)
Ask (Size)$434.81 (2)
Day Low / High$433.56 - 454.67
Volume986.3 K

Market Chatter: Carlyle Group Might Use Possible Saudi Alamar IPO to Start Partial Exit

2:31PM ET 10/18/2021 MT Newswires
US private equity firm The Carlyle Group (CG), which acquired a 42% stake in Saudi Arabia's Alamar Foods 10 years ago, may use a possible IPO for the Saudi company to start a partial exit, Reuters reported Monday, citing people familiar with the matter.

Carlyle may sell about 30%, Reuters reported, citing one of those sources

Alamar, which is the regional franchise operator for Domino's Pizza (DPZ), has assigned HSBC with arranging the share sale, the news service reported.

Carlyle and Alamar Foods did not respond to a Reuters request for comment, whereas HSBC refrained from providing comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 51.68, Change: +0.23, Percent Change: +0.45