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3i Drops $55M On Brazil Eyewear Co. Amid Activist's Scrutiny

By Karlee Weinmann (March 8, 2013, 6:21 PM EST) -- Beleaguered private equity house 3i Group PLC led the 108 million Brazilian real ($55 million) purchase of Brazilian eyewear maker Oticas Carol, it said Friday, marking its first buy since an activist investor began bearing down on the firm's buyout strategy in light of weak returns....

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