By
Reuters
Published
Jan 18, 2010
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Richemont in talks to buy stake in Rodenstock

By
Reuters
Published
Jan 18, 2010

Richemont
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FRANKFURT, Jan 18 (Reuters) - Swiss luxury-goods maker Richemont (CFR.VX) is in talks to take a stake in Rodenstock in a move that would bolster the indebted eyeglass company's balance sheet, Financial Times Deutschland (FTD) reported.

Germany's Rodenstock, which is owned by British buyout firm Bridgepoint [BRDG.UL], is burdened with 370 million euros ($532 million) in debt, said the German newspaper, which did not identify its sources.

The article, which FTD made available to Reuters on Monday 18 January, will be published on Tuesday 19 January.

Richemont officials were not immediately available for comment. (Reporting by Ludwig Burger; editing by Jeffrey Benkoe)

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