Carlyle-owned NEP explores sale of $2 bln live events business -sources ...Middle East

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NEW YORK, Sept 7 (Reuters) – Broadcast services provider NEP Group Inc, owned by private equity firm Carlyle Group Inc (CG.O), is exploring a sale of its live events business that could fetch nearly $2 billion, according to people familiar with the matter. The Pittsburg, Pennsylvania-based company is working with a financial adviser to negotiate with potential buyers, the sources said, requesting anonymity to discuss confidential matters. NEP did not immediately respond to requests for comment. Carlyle declined to comment. The live events unit provides audiovisual solutions at concerts, corporate events, and music tours. It has produced high-profile events such as the Special Olympics Worl

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