ITALY: Roberto Cavalli to sell 15-20% stake - report
Italian fashion house Roberto Cavalli is prepared to sell a minority stake in the company to a private equity firm, it has been reported.
According to a Reuters report citing the Il Sole 24 Ore publication, owner Roberto Cavalli has agreed to sell 15-20% of the business to Italian investment firm Clessidra.
A spokesperson for Clessidra was unavailable to comment when contacted this afternoon (15 January).
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