KKR Bets On Chinese Apparel Market With $30M Novo Stake
By Brian Mahoney ( August 21, 2012, 7:05 PM EDT) -- Global private equity fund KKR & Co. LP said on Monday it had bought a $30 million stake in privately held Chinese apparel retailer Novo Holdco Ltd. to cash in on the country's $38 billion youth apparel retail market....
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