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L Capital Asia ups its stake in Dondup to 91 percent

L Capital Asia, the investment vehicle of French luxury goods group LVMH, has bought a 51 percent stake in Dondup, taking its stake in the Italian retailer to a control 91 percent. Massimo Berloni, CEO of Arcadia s.r.l. and owner of the Dondup brand, has announced the transfer of a 51 percent stake to L Capital Asia, the private equity fund...

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