Versace to choose minority partner end-Feb: Sources
Published on Feb 5, 2014 6:00 AM
MILAN (REUTERS) - Italy's Versace is expected to choose between three potential partners vying for a minority stake in the fashion house around the end of February, three sources familiar with the matter said.
Versace is selling a 20 per cent stake to an outside investor to fund growth.
"A deal isn't expected to close before the end of February, or maybe early March," one of the sources said.
Versace declined to comment on the progress of the talks.
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