Exclusive-Buyout firm L Catterton approaches Mattel with acquisition offer, sources say

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L Catterton News

Mattel,Private Equity Firm,Hasbro

L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached U.S. toy maker Mattel with an acquisition offer, people familiar with ...

- L Catterton, the private equity firm backed by luxury goods giant LVMH, has approached U.S. toy maker Mattel with an acquisition offer, people familiar with the matter said on Monday.

Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquisitions, as more big deals face challenges by regulators. Many of these fees are awarded only if a transaction is completed.

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