Friday, November 20, 2020

Carlyle to Flip European Lingerie Firms, Double Upgrade


The Carlyle Group hired JP Morgan to help sell Hunkemoller after hiring the same firm earlier this year to move Twin Set.  Both are European lingerie companies.


Bank of America gave The Carlyle Group a double upgrade to buy from under-perform.  BOA cited a looming funding super cycle.  More like a PEU pandemic.