European private equity fund Permira on Wednesday took a 29.6-percent controlling stake in the Valentino Fashion Group, beating a rival bid by U.S.-based Carlyle group.
The deal values the fashion group, whose designs have been popular with the jet-set and glitterati for more than four decades, at EURO 2.6 billion (US$3.52 billion).
Permira said it will pay EORO 782.6 million (US$1.06 billion) to buy a controlling stake in Valentino from an investment vehicle controlled by members of the textile-making Marzotto family.
The behavior of the Russian inspector satellite, which was launched in the autumn of 2017, puzzles military officials in the United States
When the bill was submitted to Congress on August 2, the reason for imposing the new sanctions on Russia was based on Russia's alleged interference in the US presidential election in 2016, but then something clicked