Versace

Namet

Investcorp buys minority stake in Turkish food producer Namet for undisclosed sum

Bahrain private equity firm Investcorp has bought a significant minority stake in Turkish fresh cut and packaged processed red meat producer Namet for an undisclosed sum. Early this year, Investcorp acquired a 25% stake in Saudi Arabia's Leejam Sports Co.

Read Full Article
Versace

Blackstone, CCMP, Investcorp are remaining bidders for Italy's Versace

Private equity firms Blackstone Group, CCMP Capital and Investcorp are the only remaining bidders for a minority stake in Italian fashion house Versace. Versace seeks to exit a 20% stake in the first quarter of next year.

Read Full Article
Time Warner Cable

Top deals of the day - bid, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Friday including ITC Holdings, Dave & Buster, Time Warner Cable, Banca Etruria, Cube Capital, Cargolux, Simon Property and Versace.

Read Full Article
Versace

Two investors vie for minority stake in Italian luxury brand Versace

Italy's state backed Fondo Strategico Italiano (FSI) and private equity firm CCMP Capital are leading the race to secure a minority stake in Italian luxury goods group Versace.

Read Full Article
Fondo Strategico Italiano

State-backed Fondo Strategico Italiano values Versace at EUR1.1 billion

Fondo Strategio Italiano, one of the bidders for a 20% stake in Versace, is willing to put in a bid valuing the Italian fashion house at EUR1.1 billion. Versace earlier said that it seeks a valuation of at least EUR1 billion.

Read Full Article
Versace

Versace valuation as over the top as its clothing - NYT

An article published by the New York Times said that the Versace deal may not please investors. Versace valued itself at over EUR1 billion (USD1.36 billion), which is 14 times its current-year EBITDA at EUR70 million.

Read Full Article
Versace

Italian sovereign fund is frontrunner to acquire minority stake in Versace

State-backed sovereign fund Fondo Strategico Italiano is currently the leading bidder for a minority stake in Italian fashion company Versace. The possible deal is reportedly worth EUR850 million.

Read Full Article
Port of Brisbane

Top deals of the deay - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Friday including Statoil, Cassa Depositi e Prestiti, ThyssenKrupp, Mercator, Avivasa Emeklilik, Hayat Sigorta, Banca Monte dei Paschi di Siena, Telus Corp, Atrium Innovations and John Hardy

Read Full Article
Versace

Versace may get new investor for Christmas, IPO to happen in future

On Thursday, Versace company president and former chief executive officer Santo Versace said there is a possibility of the Italian house to have a buyer of its 20% ownership stake by Christmas. Versace also revealed potential plans for an IPO in the future.

Read Full Article
Versace

Sources: Blackstone among bidders for Versace stake

According to sources that told Reuters, US private equity firm Blackstone would be among possible bidders for Versace's minority stake.

Read Full Article
Versace

Versace s to find partner by year's end

Italian fashion house Versace announced through its CEO Gian Giacomo Ferraris that the company had been expected a final shortlist of buyers interested in the company's minority stake by mid-October.

Read Full Article
Versace

Versace nearing the inclusion of a minority partner

In an interview, Donatella Versace confirmed the near finalization of a deal with a minority stakeholder.

Read Full Article
Versace

CEO: Versace to sell minority stake privately before IPO

Versace CEO Gian Giacomo Ferraris announced that the company planned to sell a minority stake privately before launching an IPO.

Read Full Article

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics