Monday, July 16, 2012

Qatar buys fashion house Valentino

A Qatari investment group has agreed to buy Italian fashion house Valentino for an undisclosed amount, private equity firm Permira said on Thursday. Photo: Pixel Formula"Mayhoola for Investments SPC, an investment vehicle backed by a major private investor group from Qatar, has agreed to acquire Valentino Fashion Group SpA," said Permira, which has a controlling interest in the group."The sale and purchase agreement between Mayhoola and Red & Black, a company indirectly controlled by the

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