New owners, new plans for Mahabis

Mahabis, the London-based producer of slippers with detachable soles and foldable heels, has been acquired by YYX Capital, a private-equity/venture-capital firm that invests in consumer-internet, e-commerce and financial-technology (FinTech) companies. The deal was made with KRE Corporate Recovery, as Mahabis had fallen into administration – a rescue procedure for insolvent ...

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