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Will Birkenstock Sell to LVMH-Backed Private-Equity Firm?

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The subject of acquisition interest in recent months, German sandal maker Birkenstock is now said to be favoring a deal with LVMH-backed private equity firm L Catterton. Birkenstock already has an offer in hand from CVC Capital, another player in private equity. That deal valued the footwear brand last month in the range of over…

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