Luxury crystals, international funds for Baccarat

Baccarat luxury glassware has come under the control of international investment funds Tor Investment Management, Sammasan Capital, Dolphin Capital, CEOF Holdings and Corbin Opportunity, which now hold 97.1% of the capital in view of a subsequent sale or reorganization of the group. The agreement was reached with Baccarat’s majority shareholder, Fortune Legend Limited (FLL), a subsidiary of the Chinese group Fortune Fountain Capital (FCC).

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