Bloomberg News

OpCapita Considering Sale of French Retailer But, Times Reports

May 06, 2012

OpCapita LLP is considering a sale of French furniture and electrical retailer But, the Sunday Times reported, without saying how it obtained the information.

OpCapita bought the business for 550 million euros ($720 million) four years ago with Goldman Sachs Group Inc. (GS:US) and Colony Capital LLC, the newspaper said.

OpCapita, Goldman Sachs and Colony Capital declined to comment, the Times said.

To contact the reporter on this story: Thomas Biesheuvel in London at tbiesheuvel@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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