MIAMI–(BUSINESS WIRE)–Leste Group (“Leste”), a global alternative investment manager, today announced the acquisition, through its private equity platform, of a significant stake in Prestige Cosmetics (“Prestige” or the “Company”), a leading distributor of luxury perfumes and cosmetics in Brazil with a growing presence in North America. Financial terms of the private transaction were not disclosed. Prestige is the exclusive distributor in Brazil for a number of luxury perfume, fragrance, and
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