Law360, New York (July 12, 2012, 12:52 PM ET) -- British private equity firm Permira Advisers LLP will sell luxury goods maker Valentino Fashion Group SpA to Qatari vehicle Mayhoola for Investments LLC for €700 million ($856 million), Permira said Thursday.
Mayhoola, identified only as being “backed by a major private investor group from Qatar,” will acquire Valentino, which includes both the eponymous high-end label and the licensing business for M Missoni, an Italian fashion house that has produced lines for Target.
Permira will keep MCS Marlboro Classics, an American cowboy-flavored clothing line, and a majority...
Valentino Stays Private In $850M Sale To Qatari Investors
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