Lunar Capital enters partnership with Pinco Pallino
Lunar Capital has entered into a partnership with Italian children's fashion brand "I Pinco Pallino" to expand its presence in China and East Asia. Under the agreement, Lunar and Pinco Pallino, which is owned by Italian private equity firm Opera, plan to set up a joint venture.
Lunar, which normally focuses on control deals in China's consumer sector, will take a majority stake in the joint venture through an affiliate, and will also second certain senior management to oversee...
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