Editorial

03 Mar 2014 The Blackstone Group investment in Gianni Versace SPA

The Blackstone Group investment in Gianni Versace SPA - Iconic Italian house fashion brand Versace is selling a 20 percent stake to U.S. private equity firm Blackstone for 210 million euros (USD287 million), aiming to fund new shops and build on a recent recovery in sales before an eventual stock market listing. (Simpson Thacher advised Blackstone).

Financial Centre : London
Law Firm : Simpson Thacher 
Lawyer : Michael O Wolfson

Practice Area : Corporate and M&A
Classification : Financial Buyer Acquisitions
Sub-classification : Minority Investment
Industry : Leisure Goods

Advised Party : Private Equity Investor
Value : 500.01-1000.00

Target Company Jurisdiction : Italy
Acquiror Jurisdiction : United States