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.
It has long been understood that the West has been trying to subject Russian borders to total control. We have not seen such activity even during the Cold War
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations