The Leica Camera AG sale rumors have taken another interesting turn, with fresh reports now suggesting that HSG – formerly known as Sequoia Capital China – could be in a position to do far more than simply buy Blackstone’s stake in the iconic German camera maker.
While earlier talk centered on Blackstone’s minority holding, the latest speculation suggests that HSG could also look at purchasing the Kaufmann family’s controlling share – potentially putting the Chinese investment firm in a position to take full control of one of photography’s most famous luxury brands.