Carlyle/Haier

Carlyle invests in Haier

Carlyle agrees to pay up to $194 million for convertible bonds and warrants in Haier for an ultimate 9% equity stake.

<div style="text-align: left;"> Haier's virtual salesman, who features on the company's website </div>

Sameera Anand

August 03, 2011

The Carlyle Group will shell out $137 million for convertible bonds (CBs) in Haier Electronics Group and has the option to invest another $57 million when warrants are exercised. The investment combined with other shares Carlyle owns will give the financial sponsor a 9% stake in Haier.

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