Fashion
Hunkemöller may change owner: investor group Carlyle is attempting to sell the lingerie chain. The timing is unfortunate as demand is falling sharply due to the corona crisis.
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General
The Dutch association of private equity companies (NVP) denounces the way in which the owners of Action and Hunkemöller are coping with the corona crisis. According to the lobby club, these retailers are shifting the consequences of the crisis too quickly and unilaterally to others.
Dutch lingerie store chain Hunkemöller is for sale again, merely a year after American investment firm Carlyle acquired it. The company hopes to get 600 million euro for the chain, a lot more than the price it paid a year ago.
Cosmetics
AS Watson, Kruidvat’s parent company, has entered negotiations to acquire Holland & Barrett. It is apparently willing to pay one billion pounds (1.15 billion euro).
The European Commission approved American Carlyle Group's acquisition of Dutch lingerie chain Hunkemöller. It feels there is no overlap between Hunkemöller and the investor's other activities.
