Carlyle, KKR Bid for Maje, Sandro and Claudie Pierlot

Private equity firms including Carlyle and KKR this week submitted non-binding offers for control of French fashion brands Maje, Sandro and Claudie Pierlot, sources familiar with the transaction told Reuters. First-round bids submitted on Tuesday gave the three brands - partly controlled by France's richest man, luxury goods mogul Bernard Arnault - an enterprise value of more than 650 million euros ($880 million), the sources said.

1 February 2013•3 mins read
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