The Kendal Group Ltd. hired a financial adviser to examine the possible sale of swimwear-maker Zoggs International Ltd., the Sunday Telegraph reported, citing unidentified sources close to the situation.
A sale of Zoggs would probably generate a multimillion- pound (multimillion-dollar) profit for Lightwater, England-based Kendal, according to the U.K. newspaper. Kendal, controlled by Daniel and Leo Gestetner, hired Livingstone Partners LLC as an adviser, the Sunday Telegraph said.
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