CVC Capital Partners is in discussions to acquire a stake in international jewellery retailer APM Monaco from private equity firm TPG in a deal in a transaction that could value the business at more than $2bn, according to a report by Bloomberg.
The reports cites unnamed people familiar with the matter as highlighting that while CVC has emerged as the leading contender in the sale process, several other private equity firms are also understood to have expressed interest. Discussions remain ongoi...
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