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Carlyle Group takes full control of Twinset

US private equity group Carlyle Group has strengthened its position in Italian fashion brand Twinset by buying the remaining 10 percent stake from founder Simona Barbieri, to increase its stake from 90 percent to 100 percent. The Carlyle Group sees Twinset as a “key investment” in the European fashion and apparel sector, in 2012 it bought 72...

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