
Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.
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Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region.
China’s Baidu Inc said it will sell a majority stake in its financial services business for about $1.9 billion to a consortium, as it looks to deepen its push into financial services.
After scouting for a buyer for a 100 percent stake in its Indian unit in January this year, Pepe Jeans has received non-binding offers from five global companies which could see one sign a deal in the near future.
Lanvin staff will grill management and Fosun at a meeting on Thursday, seeking guarantees about jobs following the Chinese group's deal to buy a controlling stake in the brand, sources have told FashionNetwork.com.
To bolster its expansion, the accessible luxury label seeks the backing of an investment fund, and is considering selling a majority stake. Morgan Stanley has approached potential investors.
The New York streetwear label founded by Ronnie Fieg is upping its brand status, as collaborations with Moncler and Nonnative broadcast its reputation to a worldwide audience.
This week in Paris, Adrian Cheng announced the launch of a significant new investment fund to target what Cheng sees as the key consumer market of this century – Millennials and Generation Z in China. Call them BATers.
The ready-to-wear label owned by the Carlyle investment fund has a new name, Twinset. It also appointed Lara Davies and Bill Shapiro as creative directors, and is debuting in menswear.
According to US and British media, the Carlyle group has reportedly taken a minority stake in the cult skate-inspired brand, one of the most sought after street labels in the industry right now.
U.S. private equity firm Carlyle Group is looking to sell its 30 percent stake in Turkish lingerie and swimwear retailer Penti and has mandated Goldman Sachs to advise on the sale, sources said.