Roberto Cavalli Sold to Damac of Dubai - 1 minute read
Roberto Cavalli Sale Transaction Confirmed – WWD
MILAN — After weeks of speculation, the name of the new owner of Roberto Cavalli S.p.A. has been revealed: It is Vision Investment Co. LLC, controlled by Hussain Sajwani, the founder and chairman of the Damac Properties Group.
Vision Investment has signed a binding contract with the Florence-based fashion company and its shareholder Varenne 3 to acquire 100 percent of the firm. This confirms a WWD report on June 28 that the judge expected to rule on the sale had approved the offer made by Damac.
Source: Wwd.com
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Keywords:
Roberto Cavalli • Sales • Financial transaction • Women's Wear Daily • Milan • Ownership • Roberto Cavalli • Joint-stock company • Investment • Limited liability company • Hussain Sajwani • Chairman • DAMAC Properties • Investment • Contract • Florence • Shareholder • Business • Women's Wear Daily • Sales •
MILAN — After weeks of speculation, the name of the new owner of Roberto Cavalli S.p.A. has been revealed: It is Vision Investment Co. LLC, controlled by Hussain Sajwani, the founder and chairman of the Damac Properties Group.
Vision Investment has signed a binding contract with the Florence-based fashion company and its shareholder Varenne 3 to acquire 100 percent of the firm. This confirms a WWD report on June 28 that the judge expected to rule on the sale had approved the offer made by Damac.
Source: Wwd.com
Powered by NewsAPI.org
Keywords:
Roberto Cavalli • Sales • Financial transaction • Women's Wear Daily • Milan • Ownership • Roberto Cavalli • Joint-stock company • Investment • Limited liability company • Hussain Sajwani • Chairman • DAMAC Properties • Investment • Contract • Florence • Shareholder • Business • Women's Wear Daily • Sales •