Pedersoli Helps PAI Take Over Eyewear Co. In $268M Deal

Law360, New York (October 15, 2012, 4:34 PM EDT) -- Private equity firm PAI Partners SAS is picking up a controlling stake in Italian eyewear maker Marcolin SPA in a €207 million ($268 million) deal with private shareholders and will launch a tender offer that could see the manufacturer delisted, the companies announced Monday.

PAI Partners’ unit Cristallo SPA has inked a deal with various controlling family members of the Marcolin family and other  major shareholders to snag a 78.39 percent stake in the eyewear maker for €4.25 per share. Along with the buy, Cristallo plans...
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