Business
Crocs to buy back 50 percent of Blackstone stake
Colorful clogs brand Crocs Inc. has entered into an agreement with Blackstone Capital Partners to repurchase 50 percent of its stake in the company. Blackstone invested 200 million US dollars in Crocs in 2014, which included the purchase of approximately 13. 8 million shares of the company’s common stock. Now, Crocs will be paying 183.7 million...
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