L-GAM hires Houlihan Lokey as it explores options for Woolrich stake [Reuters]
Houlihan Lokey, Inc. Class A (HLI)
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm
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Source: Reuters
L-GAM, which was established in 2013 in partnership with the princely family of Liechtenstein, has picked U.S. investment bank Houlihan Lokey as financial adviser for a possible sale, one of the sources said. The private equity firm bought a majority stake in Woolrich in 2019 with the aim of expanding internationally the brand famous for its parka coats with fur-hemmed hoods. Report this ad Established in Pennsylvania in 1830, Woolrich is one of the United States's oldest outdoor clothing brands, but its main market is currently Europe. Coming soon: Get the latest news and expert analysis about the state of the global economy with Reuters Econ World. Sign up Reporting by Elisa Anzolin, editing by Gianluca Semeraro and Valentina Za Our Standards:
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