Carlyle in Talks to Sell Brazil’s Scalina After Debt Restructuring

7/14/16

Carlyle Group LP, the world’s No. 2 private-equity manager, is in talks to sell its stake in Brazilian lingerie maker Scalina SA, following a series of setbacks that led to a debt restructuring, three sources with direct knowledge of the situation said.

According to two of the sources, who requested anonymity due to the sensitivity of the issue, Carlyle and its partners in the maker of Trifil — a popular pantyhose brand in Brazil — including millionaire Artur Grynbaum and the company’s founding Heilberg family, agreed to put the company up for sale following negotiations with creditors.

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