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January 30, 2002

ITALY: Valentino May Be Sold To Marzotto Claims Paper

World-famous fashion house Valentino is set to be sold, with Marzotto SpA the most likely buyer, reports in a US trade magazine and leading newspaper suggested on Wednesday. Quoting a source close to Holding di Partecipazioni Industriali (HdP), parent company of the Italian fashion firm, the New York Post claimed high-level talks were taking place between the two parties.

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