CVC is said to mull buying stake in jeweler APM Monaco from TPG
PE giant reportedly emerges as frontrunner for a holding in the accessible luxury brand, which was valued at upwards of $2 billion.
An APM Monaco store is seen in Hong Kong. Talks are reportedly ongoing over the accessible luxury brand, which operates some 500 stores worldwide and was previously targeting a $2 billion valuation. Image: Getty Images
An APM Monaco store is seen in Hong Kong. Talks are reportedly ongoing over the accessible luxury brand, which operates some 500 stores worldwide and was previously targeting a $2 billion valuation. Image: Getty Images
