Carlyle sold Dainese to creditors for 1 euro

Carlyle sold Dainese to creditors for 1 euro

Dainese sold for 1 euro. A symbolic amount, since the new owners are the company’s largest creditors. Dainese, which makes sportswear for motorcyclists, mountain bikes, winter sports and horseback riding, had reportedly accumulated 300 million euro in debt. The settlement saves it from possible bankruptcy. The debts This Carlyle Group fund took over Dainese from…

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