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US private equity firm Carlyle Group is pushing ahead with the sale of Italian fashion brand Twinset, asking potential bidders to submit non-binding offers, two sources close to the matter said on Friday.
Carlyle, which picked Rothschild as financial adviser earlier this year, is aiming for a valuation of around 300-350 million euros, one of the sources said.
Teasers were recently sent out to potential investors, a second source added.
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