09.07.2012 - Permira to sell Valentino to sovereign fund
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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