| Fondo Strategico Italiano (FSI) has emerged as frontrunner to buy a minority stake in family-owned Versace estimated to be worth as much as EUR850 million. FSI is Italy's state-run private equity fund.
According to a report by the Financial Times, FSI has emerged as a good fit for the Versace family after securing the backing of a Qatar joint venture. FSI struck a deal with Qatar last year to invest up to EUR2 billion in Italian fashion, food, furniture and tourism........................................Full Article: Source
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