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Carlyle in advanced talks to pick stake in men’s apparel brand Mufti for $30M

By Diksha Dutta

  • 30 Jan 2014
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Carlyle in advanced talks to pick stake in men’s apparel brand Mufti for $30M

Private equity firm Carlyle is close to picking a minority stake in Mumbai-based men’s apparel firm Credo Brands Marketing Pvt Ltd, which is behind the brand Mufti, through a secondary deal, sources familiar with the development told VCCircle. Some existing shareholders including ad-for-equity investor Brand Capital (Bennett, Coleman and Co. ......

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