Design News

Permira closes in on fashion house Valentino

Models walk on the catwalk during the Valentino fashion show at China Fashion Week in Beijing November 22, 2005. Private equity firm Permira said on Friday it was in exclusive talks to up its stake in fashion house Valentino to more than 50 percent, lessening chances of a bid battle with rival Carlyle. (Jason Lee/Reuters)Reuters - Private equity firm Permira is in exclusive talks to buy more than half of famed Italian fashion house Valentino , it said on Friday, dimming the chances of a bid battle with U.S. rival Carlyle.


Published on: Mon, May. 21, 2007

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