Carlyle is preparing to take ownership of The Very Group which had been owned by the Barclay family, Sky News reports, citing people familiar with the matter.
- Could assume ownership as soon as October
- Likely to hold majority stake
- Expected to told talks in coming weeks with fellow creditors including Abu Dhabi-based IMI
- IMI could end up with an equity stake or preferred position in the debt structure
- Carlyle, Very Group and IMI declined to comment to Sky
- NOTE: April,
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