EQT Unloads Clothier BTX In Sale To Sun Capital Unit

Law360, New York (February 8, 2013, 1:27 PM EST) -- Swedish private equity firm EQT will unload womenswear wholesaler BTX Group AS to a unit of investment firm Sun Capital Partners Inc., the firms said Friday, the latest acquisition for a European retail sector that has become a focal point in recent dealmaking.

Financial terms of the deal were not disclosed, and the firms did not hint at Sun Capital's financing plans. The company will fall under the direct ownership of the buyer's Sun European Partners unit. The parties did not give a timetable for the...
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