L Capital considering stake in Joules


L Capital, the private-equity arm of luxury-goods firm LVMH,
and LDC, the buyout division of Lloyds Banking Group, are among those
considering taking a stake in multichannel retailer Joules, reveals the
Independent. According to the piece, Joules selling a stake to raise funds for
UK and overseas expansion. The business is reportedly valued at more than £55
million.

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