CVC in talks to buy stake in Germany's Douglas -sources

June 1, 2015 11:50 AM

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FRANKFURT, June 1 Private equity firm CVC Capital Partners is in talks to buy a stake in German perfume retailer Douglas, two people familiar with the matter told Reuters on Monday.

Dow Jones earlier reported that such a transaction could value the chain at roughly 2.8 billion euros ($3.06 billion).

Also read: Tencent, Alibaba in Group Buying $11.7 Billion Stake in State-Owned Telecom

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