Blackstone Plays China Card In Versace Race
 

04-02-14 04:46 PM

A trio of private equity firms will submit final offers on Wednesday for one of the international catwalk's biggest prizes: a minority stake in the Italian fashion house Versace. Sky News has learnt that Blackstone (NYSE: BX - news) , one of the remaining bidders, has placed its access and network in China at the heart of its bid amid a tussle between the three firms to secure the prestigious ...

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