Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the company at EUR1bn (US$823.31m).

Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the company at EUR1bn (US$823.31m).
Private equity firm Blackstone Capital has taken a 20% stake in Italian fashion house Versace in a deal valuing the company at EUR1bn (US$823.31m).