Investcorp walks away from talks on designer Cavalli stake-sources
 

27-06-14 04:43 PM

By Pamela Barbaglia LONDON (Reuters) - Gulf investment firm Investcorp has ended talks to buy a majority stake in Italian fashion house Roberto Cavalli, several sources familiar with the deal said, as it was unwilling to pay the 450-million-euro (359.54 million pounds) price tag. The 73-year-old designer was hoping to receive an offer from Investcorp by a June 30 deadline, but the Bahrain-based ...

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