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Lee Equity Enters Chinese Market In Style With Jason Wu Acquisition


Scene Last Night: Blankfein,    Robertson,    Wurth,    Thomas H. Lee


Thomas H. Lee of Lee Equity Partners will acquire the Jason Wu brand, named for the Taiwanese-Canadian designer whose outfits have clothed First Lady Michelle Obama. Lee plans to buy three Chinese fashion brands to expand into the Chinese market. Alexander Wang is said to be the next takeover possibility. Catherine Lu, who is head of firm’s China segment said, “Our acquisition standard.


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