Carlyle Gains Controlling Stake In Brazil Furniture Co.
Under the deal's terms, Carlyle bought a 60 percent interest in family-owned Tok&Stok, which leads the Brazilian specialty furniture market in sales. Founders Ghislaine and Regis Dubrule will hang onto a 40 percent stake in the 34-year-old company, with Ghislaine Dubrule continuing as its CEO, according to the firm.
The two did not disclose...
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