Colorado Group On the Block

The receivers of Australian clothing company Colorado Group have put the business up for sale, Reuters reported. Colorado Group, which is owned by buyout shop Affinity Equity Partners, surrendered control of the business to its lenders last week. The lenders – which include Mizuho Corporate Bank, National Australia Bank and several hedge funds – are asking for expressions of interested by April 19, Reuters said. The lenders are owed roughly $411.5 million.

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