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Baccarat’s Owners Are Exploring Sale of Luxury Crystal Maker

  • Potential deal could fetch a few hundred million dollars
  • A formal sale process may be kicked off later this year
Crystal glass ornaments, manufactured by Baccarat SA, on display in Monaco, France.

Crystal glass ornaments, manufactured by Baccarat SA, on display in Monaco, France.

Photographer: Balint Porneczi/Bloomberg

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Baccarat’s owners are considering options for the centuries-old French luxury crystal maker, including a potential sale, after receiving takeover interest, people familiar with the matter said.

The investment firms that own Baccarat are in the early stages of studying strategic alternatives for the company with their advisers, the people said, asking not to be identified because the information is private. They have received several unsolicited approaches from potential buyers of the business, which could fetch a few hundred million dollars, according to the people.