Barclays sells Kurt Geiger amid retail drop-off

The buyout arm of UK bank Barclays has made a two-times return after selling shoe chain Kurt Geiger in a secondary buyout despite reluctance from banks to back retail transactions.

UK buyout house Graphite Capital has acquired the luxury branded shoe seller from Barclays Private Equity for £95m (€126m).

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions