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Starwood Capital to sell French crystal maker Baccarat

US-based investment firm, Starwood Capital, announced the sale of French crystal maker Baccarat. According to Reuters, the best offer so far has come from a Chinese group, whose identity has not been disclosed. Starwood, which is eyeing a valuation for Baccarat of $223.16 million, has commissioned Messier Maris & Associes Bank to handle the sale.


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