Industry News: Leica Weighs Selling $1.2 Billion Majority Stake
Leica Camera AG’s owners are reportedly considering selling a controlling stake in the company: According to a Bloomberg report, Austrian billionaire Leica owner Andreas Kaufmann, and private equity firm Blackstone Inc. are in discussions about a potential sale. Reportedly, HSG, formerly known as Sequoia Capital China, and Swedish private equity company Altor Equity Partners are among potential bidders, notes PetaPixel. The move comes on the heels of four consecutive years of record-setting revenue for Leica, Read the full Story >>
