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Old Mutual Private Equity acquires Footgear

Old Mutual Private Equity, the direct private equity investing arm of Old Mutual Alternative Investments, has acquired a majority interest in Footgear, a South African retailer of branded footwear. Financial terms of the transaction were not announced. Footgear is a seller of sports performance footwear, casual and leisure footwear, and fashion and outdoor footwear.

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PE deals,private equity