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Luxury

China's Fortune Fountain Capital To Acquire French Luxury Crystal Retailer Baccarat

June 5, 2017

By News Team

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Fortune Fountain Capital, a financial group established by the Wang Xizhi family of Hong Kong and Mainland China, has made an irrevocable offer to acquire 88.8% of French luxury crystal brand Baccarat, from affiliates of private equity firms Starwood Capital Group and L Catterton. Under terms of the deal, Fortune…

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Click here to read the full story: China Money Network

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