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Qatar Royal family may buy Valentino Fashion Group
Source: BI-ME with Bloomberg , Author: Posted by BI-ME staff
Posted: Mon July 9, 2012 11:08 am

INTERNATIONAL. Qatar’s royal family is close to buying Valentino Fashion Group SpA from Permira Holding Ltd. for 550 million British pounds (US$852 million) with an announcement expected this week, Sky News reported on its website, without saying how it obtained the information.

Qatar’s royal family would make the purchase and not the country’s sovereign wealth fund, Sky reported.

A representative at the office of the Qatari Emir Hamad Bin Khalifa Al Thani declined to comment when Bloomberg contacted him by phone today.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: May 4, 2016
INTERNATIONAL. The climate has rarely been so favourable to a resolution of the conflict. The chaos that is sweeping the Middle East has been a game-changer in relation to Israel and the Arab countries.
date:Posted: May 4, 2016
SAUDI ARABIA. The manager/directors of any company that is incorporated in Saudi Arabia should start to consider what changes may need to be made to the company's articles of association or bylaws.
date:Posted: May 3, 2016
INTERNATIONAL. Emerging and startup digital banking platform technologies key to success of digital initiatives; incumbent application vendors have been slow to respond to new requirements.
SAUDI ARABIA. The manager/directors of any company that is incorporated in Saudi Arabia should start to consider what changes may need to be made to the company's articles of association or bylaws.
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