BRIEF-Home Capital says top notch list of candidates to be CEO
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PARIS/ZURICH Swiss luxury goods group Richemont CFR.VX has hired investment bank Nomura (8604.T) to advise on a possible sale of luxury leather goods brand Lancel, according to a Bloomberg report and French press on Monday.
The sale could raise about 500 million euros ($675.5 million), according to the reports, citing unnamed sources.
Richemont declined to comment.
The maker of Cartier jewellery and Piaget watches recently reported an increase of 9 percent in five-month sales through August, just shy of forecasts, with weak demand for its watches in mainland China but strong growth in Japan and the Americas.
(Reporting by Lionel Laurent in Paris and Silke Koltrowitz in Zurich; Editing by David Holmes)
NAIROBI, June 29 A power line linking a 310 megawatt (MW) wind power plant to Kenya's national grid, delayed by landowners' compensation demands among other issues, is expected to be ready in the next three months, the energy minister said on Thursday.