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

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

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

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 SAO PAULO (Reuters) - Private equity firm Carlyle is selling a 1.6% stake in Brazilian hospital chain Rede D'Or (RDOR3.SA), opens new tab 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.