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TowerBrook strikes quick-fire clothing double

The private equity firm has bought a majority stake in French retailer Kaporal, its second investment in a clothing company in little over a week

Private equity firm TowerBrook Capital Partners has a bought majority stake in French retailer Kaporal, Financial News has learnt, its second investment in a clothing company little over a week.

The deal comes after TowerBrook struck an $835m deal to take US-based jeans company True Religion private earlier this month.

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