The Blackstone Group, a US-based private equity firm, is poised to buy German outdoor apparel brand Jack Wolfskin in a deal worth several hundred million euros, according to reports by Sky News.

The transaction would see Jack Wolfskin being sold by its current owners, Barclays Private Equity and Quadriga Capital. A sale could be finalised within the week, although none of the companies involved have yet confirmed the rumours.

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