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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Permira to sell Valentino to sovereign fund

Posted on 09 July 2012

Luxury designer Valentino, famous for its opulent red ball gowns, is being sold to a sovereign wealth fund for €600m (£476m).
The sale comes five years after Valentino was bought by London-based private equity firm, Permira, at the height of the credit bubble together with Hugo Boss, in a holding company called Red & Black………………………………………..Full Article: Source


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