MILAN (Thomson Financial) - Mariella Burani Fashion Group and its Antichi
Pellettieri leather goods unit said they have recently received expressions of
interest from investment funds to enhance their value.
However, no "binding written proposal" has been made, they said in
statement.
The companies commented after MF newspaper cited financial sources as saying
3i Group is interested in buying a stake of slightly more than 40 pct in Antichi
Pellettieri, which is owned at 55.2 pct by the Burani family.
The move would lead to the de-listing of the company, it said.
An alternative deal could be the spin-off of Antichi Pellettieri's Biasia,
Braccialini, Coccinelle and Gherardini handbag brands to a unit wholly owned by
3i, MF said.
The newspaper said that other investment funds, including L Capital, could
be interested in Antichi Pellettieri.
philip.webster@thomson.com
pw/kf1
COPYRIGHT
Copyright Thomson Financial News Limited 2008. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|