Bimba Y Lola seeking buyers to sell majority stake

Sisters María and Uxía Domínguez are once again exploring possibilities of finding a buyer to sell a 70 percent stake in the company to expand their international presence, reports El Independiente. The report adds that the company also roped in Morgan Stanley in September last year to find a buyer and now the investment bank has distributed the sale book among the venture capital funds including Bain Capital, PAI, Permira, CVC, Carlyle and TowerBrook, among others.