By  on November 7, 2012

PARIS — Lacoste SA’s remaining family shareholders are set to exit the maker of crocodile-logo polo shirts after a father-daughter tussle opened the door to a full takeover by Swiss retail group Maus Frères SA.

Sophie Lacoste Dournel, who was named president of the company’s non-executive board in September, said Wednesday she would not contest the decision by her estranged father Michel Lacoste and other members of the founding family to sell a 30.3 percent tranche of shares to Maus.

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