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Penti to Explore Istanbul IPO

Penti to Explore Istanbul IPO

BY BLOOMBERG The lingerie maker, in which the U.S. buyout firm Carlyle Group owns 30%, is exploring going public in Istanbul as early as next year, according to people with knowledge of the matter, setting the stage for a rare initial public offering (IPO) by a local textile retailer. Penti Giyim Ticaret AS has approached...