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Birkenstock Could Be Sold to Private Equity in $4.8 Billion Deal

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Birkenstock is reportedly exploring a deal that would value the footwear brand at more than 4 billion euros ($4.85 billion), according to reports from Bloomberg and The Financial Times. Private equity firm CVC Capital is in “advanced negotiations” with the family owners of the nearly 250-year-old German brand, Bloomberg reported. Yet while the talks with…

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