ReutersReuters

Carlyle sells $213 million in shares of Brazil's Rede D'Or -reports

Private equity firm Carlyle is selling a 1.6% stake in Brazilian hospital chain Rede D'Or RDOR3 in a block trade worth about 1.1 billion reais ($213.29 million), local outlets Brazil Journal and Valor Economico reported on Wednesday.

The sale represents half of what Carlyle owns in the firm and would leave it with a 1.6% stake in the company, according to the reports.

($1 = 5.1574 reais)

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