Camaieu could be sold in 2017; Lazard appointed to renegotiate debt – reported rumour
Camaieu, a French retailer of women's wear, could be sold by private equity sponsor Cinven at the beginning of next year, French daily L’Agefi reported, citing information from Challenges.
The unsourced report said that several offers have already been submitted to Cinven but none of them value the target at more than EUR 1bn.
According to the report, Cinven previously appointed Lazard to renegotiate Camaieu's EUR 800m debt pile. The company did undergo a debt restructuring.
L'agefi