Reuters Business News: Permira in exclusive talks to up Valentino stake - MSN Money
Reuters Business News: Permira in exclusive talks to up Valentino stake - MSN Money
Permira which already has acquired a 29.6 percent stake in the famed gown maker said the exclusivity agreement with Tidus Srl PFC Srl and other shareholders all belonging to the Marzotto family would expire May 28. Fellow private equity firm Carlyle Group also is angling to buy Valentino a financial source familiar with the situation earlier told Reuters.