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L Capital to invest up to $182M in Raymond subsidiary

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L Capital to invest up to $182M in Raymond subsidiary
raymond apparel

Luxury brand LVMH’s private equity arm L Capital is looking to invest up to Rs 1,000 crore ($182 million) in textile and apparel manufacturer Raymond Apparel through its Asia fund, and a deal is likely to be announced soon, people with direct knowledge of the matter said. Though the stakethat ......

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