PRINT THIS PAGE Carlyle to take significant stake in Chinese construction equipment manufacturer26/11/2004. Source: AltAssets. 
 Carlyle is reported to be the leading contender for a major buy-out deal in China. This could become the first leveraged buy-out of a mainland Chinese company by a foreign private equity firm.
There is speculation that Carlyle will acquire up to 80 per cent in the Xuzhou Construction Machinery Group, according to the Wall Street Journal.
Carlyle did not comment, but the firm has said in recent weeks that it wants to increase significantly its investment activity in the region.
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