
Deal in Focus: Starwood, L Catterton exit Baccarat in €164m deal

Starwood has been invested in the crystal glassware maker for 12 years, while L Catterton first backed the company in 2012
China-based family office Fortune Fountain Capital has signed an irrevocable offer to acquire shares owned by Starwood Capital Group and L Catterton in French glass blower Baccarat for an estimated €164m ($185m). Alice Tchernookova reports
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