L Capital buys majority stake in luxury restaurant operator
L Capital Asia, the private equity firm backed by luxury goods conglomerate LVMH, has bought a 51% stake in Ku Dé Ta Group, a restaurant and club operator with interests in Singapore and Thailand.
Ravi Thakran, managing partner of L Capital Asia, told The Wall Street Journal that Ku Dé Ta has secured venues in Hong Kong and Paris and is in advanced discussion regarding locations in Dubai, Rome,...
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