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Topic: hsg

Sneakers on display in a store
Companies
Wednesday, 6/24, 04:30 PM

China's HSG Takes Control of Golden Goose in Roughly €2.5 Billion Deal

  • HSG, the Chinese investment firm formerly known as Sequoia Capital China, has completed its purchase of a majority stake in luxury-sneaker maker Golden Goose from private-equity owner Permira — valuing the Italian brand at a reported €2.5 billion-plus, two years after its planned IPO was scrapped.

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