MILAN |
MILAN (Reuters) – At least seven potential buyers are in the running to bid for a minority holding in Italian fashion house Versace, which plans to sell a 15-20 percent stake to fund growth, sources told Reuters on Friday.
Italy’s state-controlled fund FSI, Bahrain’s Investcorp INVB.BH, and private equity firms Ardian, Permira, KKR Co (KKR.N), Clessidra and Blackstone (BX.N) are all considering buying the stake, but a final shortlist has not yet been drawn up, sources said.
Versace chief executive Gian Giacomo Ferraris said in September Versace planned to finalize a shortlist by mid-October.
(Reporting by Massimo Gaia, writing by Isla Binnie; editing by Agnieszka Flak)