The package could be launched to investors toward the end of the first quarter and is expected to attract global high-yield investors, including Asian funds seeking exposure to a high-profile European luxury brand. HSG, formerly known as Sequoia Capital China, agreed to buy Golden Goose from private equity firm Permira in a transaction said to value the business at slightly over '2.5bn. Singapore-based Temasek will take a minority stake, while Permira will also retain a minority shareholding following completion. The deal ranks among the most prominent acquisitions of a European luxury brand by a Chinese buyer and one of the largest in the sector this year. It comes as lenders show renewed appetite for financing consumer and luxury assets with strong brand equity, despite volatility in broader leveraged finance markets. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join...
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