Carlyle Is Said to Revive Sale of World’s Biggest Seaplane Firm

December 4, 2024, 2:45 AM UTC

A group of investors led by Carlyle Group Inc. is considering reviving the sale of Trans Maldivian Airways Pvt., people familiar with the matter said, amid a recovery in travel to the island nation.

Carlyle and co-investors King Street Capital Management and Davidson Kempner Capital Management are working with a financial adviser on the potential sale of the Indian Ocean island-based business known as TMA, the people said, asking not to be identified because the matter is private. The owners have started sounding out interest from prospective buyers, including other industry players and investment funds, the people said.

A ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.