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Carlyle beat CPPIB-Onex in $3-billion-plus bid for Illinois Tool unit: sources

2014-02-07 03:44:36| Industrial Machines - Topix.net

Private equity firm Carlyle Group LP is close to reaching an agreement to buy Illinois Tool Works Inc.'s industrial packaging unit for more than $3-billion , and could announce the deal as soon as Thursday, people familiar with the matter said.

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