U.S. fund Carlyle withdraws offer to buy Engie’s unit Equans -Les Echos

Industry:    2021-09-30

U.S. investment fund Carlyle has decided to withdraw its offer to acquire Engie’s technical services group Equans, French daily Les Echos reported on Wednesday.

Sources familiar with the matter told Reuters two weeks ago that Engie had selected five out of seven bidders for its Equans unit, including Carlyle.

Les Echos didn’t give a reason for Carlyle’s withdrawal.

Carlyle and Engie declined to comment.

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