Bain goes to Lilliput in India
Bain Capital India is to invest some $79 million for an undisclosed stake - thought to be at least 10% - in Lilliput Kidswear, a Delhi-based manufacturer of children's apparel and accessories.
Lilliput is about to expand its chain of branded stores, and will also use proceeds to expand its product range, supplied to international brands such as Gap, Old Navy and Next. Everstone Capital, an existing...
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