Versace And Private Equity Fund Blackstone Reached An Agreement To Sell 20% Of The Shares.

< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201402/28/20140228093941_sj.JPG "/" < > > "
< p > according to the terms of the transaction, the "a href=" http://sjfzxm.com/news/index_c.asp "Blackstone /a" will inject 150 million euros into the fashion company and will get 60 million euros worth of stock from its Versace holding GiVi.HoldingSpA. Blackstone fund can set up a director in the company. < /p >
< p > it is reported that < a > Versace < /a > was founded by Gianni Versace in 1970s, and he was shot in 1997. His niece Allegra and brother Donatella and Santo are wholly owned by the company. < /p >
P Versace has been selling a minority stake in several months with several bidders. At a news conference held in February 27th, it said the proceeds from the sale would help companies expand their retail outlets, especially in emerging markets, where local spending on luxury goods grew fastest. < /p >
< p > after the death of Gianni Versace, the fashion company was on the verge of bankruptcy in 2004, but its performance has gradually returned to normal in recent years. It said in February 27th that the total revenue of the company increased by about 18% last year, close to 480 million euros, and its operating profit increased by more than 50%, about 69 million dollars. < /p >
< p > related links < /p >
< p > Italy luxury goods company Versace (Gianni Versace SpA) and a > private equity fund /a > Blackstone reached an agreement to sell 20% of the shares to the latter. < /p >
< p > according to the terms of the transaction, Blackstone will inject 150 million euros into the fashion company and will get 60 million euros worth of stock from its Versace holding company GiVi.HoldingSpA. Blackstone fund can set up a director in the company. < /p >
< p > it is reported that Versace was founded in 1970s by Gianni Versace, and he was shot dead in 1997. His niece Allegra and brother Donatella and Santo are wholly owned by the company. < /p >
P Versace has been selling a minority stake in several months with several bidders. At a news conference held in February 27th, it said that the proceeds from the sale would help expand the company's a > retail /a > store network, especially in emerging markets, where local spending on luxury goods grew fastest. < /p >
< p > after the death of Gianni Versace, the fashion company was on the verge of bankruptcy in 2004, but its performance has gradually returned to normal in recent years. It said in February 27th that the total revenue of the company increased by about 18% last year, close to 480 million euros, and its operating profit increased by more than 50%, about 69 million dollars. < /p >