Carlyle Sub-Saharan Africa Fund managed by The Carlyle Group LP (NasdaqGS:CG) agreed to acquire 49.9% stake in Global Credit Rating Co. from Deutsche Investitions- und Entwicklungsgesellschaft mbH and founders of Global Credit Rating on January 16, 2017. Deutsche Investitions- und Entwicklungsgesellschaft mbH and founders of Global Credit Rating will also remain invested in the business. The deal is still pending regulatory approvals and is expected to be completed in early 2017. Webber Wentzel acted as legal advisor to The Carlyle Group.