KKR eying deal worth more than 1 bln eur for Sandro, Maje brands- sources

October 14, 2015 3:15 PM

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PARIS Oct 14 SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot, has been put on the market in a deal expected to happen next year that could value it at more than 1 billion euros ($1.14 billion), sources close to the matter said.

Controlling shareholder, the private equity firm KKR , has hired Bank of America Merrill Lynch and UBS to review options which could include a flotation on the Paris stock market in 2016, they said.

Also read: SMU pulls Chad Morris off the market for now with three-year extension

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