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Carlyle in talks to hand over Dainese to creditors
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Carlyle in talks to hand over Dainese to creditors
Carlyle Group is reportedly in advanced discussions to hand over ownership of Italian protective sportswear brand Dainese SpA to its private credit lenders, HPS Investment Partners and Arcmont Asset Management, in what could mark one of Italy’s first lender-led takeovers in the private credit space, according to a report by Bloomberg. The potential consensual transfer follows financial underperformance at Dainese, acquired by Carlyle in 2022 and…
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