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Mattel is confident as 'standalone company' after report of acquisition offer

Por: Los Angeles Times Business July 23, 2024

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Following a news report that a private equity firm had approached Mattel with a buyout offer, the El Segundo-based toy company said it is confident in its ability to deliver profits as an independent, publicly traded company. Reuters reported Monday that L Catterton, a firm backed by luxury goods giant LVMH, had made Mattel an acquisition offer. Catterton has $34 billion in assets under management and has made more than 250 investments in... + full article



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