Carlyle Buys Into Brazil's Consumer Market

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Sept. 13 (Bloomberg) -- Bloomberg's Cristina Alesci reports that Carlyle Group agreed to buy a 60 percent stake in Tok&Stok, Brazil’s largest furniture retailer. The purchase is Carlyle's third acquisition in the country’s consumer market this year, as Brazilian consumers increase spending after the government cut taxes to boost economic growth. She speaks on Bloomberg Television's "Money Moves."