01:39 PM EDT, 08/12/2024 (MT Newswires) -- Carlyle Group ( CG ) is considering a sale of its Nobian salt and chemicals unit for 3 billion euros ($3.28 billion), the Financial Times reported Monday, citing people familiar with the matter.

Nobian is co-owned by Carlyle and Singaporean sovereign wealth fund GIC.

Carlyle has held talks with investment banks ahead of a potential sale process, which it expects to begin next year, the people were quoted as saying.

Carlyle, GIC, and Nobian did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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