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0 · Versace deal with Blackstone values group at 1 billion euros
1 · Versace Chooses Blackstone to Accelerate the Company’s Growth
2 · Michael Kors ups the glamour, buys Versace for $2 billion
3 · Michael Kors snaps up Versace for $2.1bn
4 · Fashion house Versace sells stake to Blackstone to fund growth
5 · Blackstone nears deal to buy into Versace
6 · Blackstone cashes in on Versace’s $2.1B sale to Michael Kors
7 · Blackstone agrees to take 20% stake in Versace
8 · Blackstone agrees to buy 20% of Versace for $287m
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Versace deal with Blackstone values group at 1 billion euros
NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.
Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone (BX) for 210 million euros (7 million), aiming to fund new shops and build on a recent .
Blackstone has agreed to inject cash into Italian luxury designer Versace to help the family-owned company boost its presence in emerging markets. The proposed deal, which has highlighted. Private equity firm Blackstone Group, which bought a 20% stake in the firm four years ago, will sell its holding. The new owner plans to increase the number of Versace outlets from 200 to 300.
Blackstone agrees to buy 20% of Versace for 7m. Blackstone will inject 150 million into Versace and pay 60 million for shares owned by the Milan-based company's family owners, the parties said Thursday in a statement. The transaction values Versace at 1 billion, they said. Updated On Feb 28, 2014 at 08:05 AM IST. Andrew Roberts. By Isla Binnie MILAN (Reuters) - Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone for 210 million euros (7 million), aiming to fund new. Blackstone will inject 150 million euros of fresh capital into Versace and will also buy 60 million euros of shares from family holding company GIVI Holding, the fashion house said. The deal. US buyout house Blackstone is nearing agreement to buy a minority stake in Italian luxury group Versace, in a move highlighting private equity groups’ growing interest in high-end fashion.
Versace Chooses Blackstone to Accelerate the Company’s Growth
On Tuesday, fashion brand Michael Kors agreed to purchase Versace for an enterprise value of €1.83 billion, or .12 billion, with Blackstone exiting its entire investment as part of the transaction. That price would seem to value . Milan – GIVI Holding SPA and Gianni Versace SPA (“Versace”) today announce that they have signed an agreement with private equity funds managed by Blackstone (“Blackstone”) pursuant to which Blackstone will inject €150 million of fresh capital into the Company and will acquire €60 million in stock from GIVI Holding SPA. NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.
Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone (BX) for 210 million euros (7 million), aiming to fund new shops and build on a recent . Blackstone has agreed to inject cash into Italian luxury designer Versace to help the family-owned company boost its presence in emerging markets. The proposed deal, which has highlighted. Private equity firm Blackstone Group, which bought a 20% stake in the firm four years ago, will sell its holding. The new owner plans to increase the number of Versace outlets from 200 to 300.
Blackstone agrees to buy 20% of Versace for 7m. Blackstone will inject 150 million into Versace and pay 60 million for shares owned by the Milan-based company's family owners, the parties said Thursday in a statement. The transaction values Versace at 1 billion, they said. Updated On Feb 28, 2014 at 08:05 AM IST. Andrew Roberts.
By Isla Binnie MILAN (Reuters) - Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone for 210 million euros (7 million), aiming to fund new. Blackstone will inject 150 million euros of fresh capital into Versace and will also buy 60 million euros of shares from family holding company GIVI Holding, the fashion house said. The deal. US buyout house Blackstone is nearing agreement to buy a minority stake in Italian luxury group Versace, in a move highlighting private equity groups’ growing interest in high-end fashion.
On Tuesday, fashion brand Michael Kors agreed to purchase Versace for an enterprise value of €1.83 billion, or .12 billion, with Blackstone exiting its entire investment as part of the transaction. That price would seem to value . Milan – GIVI Holding SPA and Gianni Versace SPA (“Versace”) today announce that they have signed an agreement with private equity funds managed by Blackstone (“Blackstone”) pursuant to which Blackstone will inject €150 million of fresh capital into the Company and will acquire €60 million in stock from GIVI Holding SPA.
NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion. Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone (BX) for 210 million euros (7 million), aiming to fund new shops and build on a recent .
Blackstone has agreed to inject cash into Italian luxury designer Versace to help the family-owned company boost its presence in emerging markets. The proposed deal, which has highlighted.
Michael Kors ups the glamour, buys Versace for billion
Private equity firm Blackstone Group, which bought a 20% stake in the firm four years ago, will sell its holding. The new owner plans to increase the number of Versace outlets from 200 to 300. Blackstone agrees to buy 20% of Versace for 7m. Blackstone will inject 150 million into Versace and pay 60 million for shares owned by the Milan-based company's family owners, the parties said Thursday in a statement. The transaction values Versace at 1 billion, they said. Updated On Feb 28, 2014 at 08:05 AM IST. Andrew Roberts. By Isla Binnie MILAN (Reuters) - Italian fashion house Versace is selling a 20 percent stake to U.S. private equity firm Blackstone for 210 million euros (7 million), aiming to fund new. Blackstone will inject 150 million euros of fresh capital into Versace and will also buy 60 million euros of shares from family holding company GIVI Holding, the fashion house said. The deal.
US buyout house Blackstone is nearing agreement to buy a minority stake in Italian luxury group Versace, in a move highlighting private equity groups’ growing interest in high-end fashion. On Tuesday, fashion brand Michael Kors agreed to purchase Versace for an enterprise value of €1.83 billion, or .12 billion, with Blackstone exiting its entire investment as part of the transaction. That price would seem to value .
Michael Kors snaps up Versace for .1bn
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blackstone buys versace|Fashion house Versace sells stake to Blackstone to fund growth