Hong Kong Apparel Maker Epic Is Said to Weigh Stake Sale (1)

Epic Groupis considering a stake sale to help boost growth as investors increasingly eye opportunities in Hong Kong, according to people familiar with the matter.

The apparel manufacturer is working with BDA Partners Inc. and Goldman Sachs Group Inc. on a review, the people said, asking not to be identified because the information is private. Epic might be valued at more than $500 million in a deal, they said.

Private equity firms and other textile companies have shown preliminary interest in the closely held business, the people said. Deliberations are at an early stage and no final decisions have ...