Schustermann & Borenstein Said to Start 700 Million Euro SaleBy
Private equity owner Ardian wants first-round bids this month
Retailer said to expect 2016 Ebitda of 60 million euros
Ardian SAS, the French buyout firm, kicked off a sale of designer fashion retailer Schustermann & Borenstein GmbH, which could fetch about 700 million euros ($780 million), people familiar with the matter said.
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