Goya sale to Carlyle Group falters: New York Post

Goya has canned plans to sell itself to the Carlyle Group, the New York Post is reporting. Goya had been in late-stage talks to sell to Carlyle when the two sides came to loggerheads about the founding family’s role, the story said. Goya wanted a deal that would leave them at the helm, but Carlyle didn’t want to invest in the company at a high $3 billion to $4 billion valuation if it couldn’t run it, the NY Post said.