Lululemon founder's advisers in talks about possible buyout: Reuters
Lululemon Athletica Inc founder Dennis Wilson's advisers have been talking to private equity firms including Leonard Green & Partners to find out if they are interested in buying the fashionable Canadian yoga gear maker, Reuters reported citing an earlier report by the Wall Street Journal. The buyout would face trouble given the premium that would be needed over the company's US$6 billion market capitalization. Before going public in 2007, Lululemon was a portfolio company of U.S. private equity firms Advent International and Highland Capital Partners.
3 July 2014•2 mins read
