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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Valentino in exclusive talks with Qatar: sources

Posted on 10 July 2012

London-based private equity fund Permira is in exclusive talks with the Qatari royal family over the sale of Italian fashion house Valentino and a decision is expected by the end of the month, four sources close to the talks said on Monday.
In March, Qatar’s sovereign wealth fund announced plans to take the Harrods brand global to cities such as Paris and New York. Qatar Holding bought the famous London department store in 2010 from Egyptian-born businessman Mohamed al-Fayed in a deal reported to be worth around 1.5 billion pounds………………………………………..Full Article: Source


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