Sources say investment firm is one of seven potential buyers for stake in Italian fashion house
At least seven potential buyers including one from Bahrain, are in the running to bid for a minority holding in Italian fashion house Versace, which plans to sell a 15-20 percent stake to fund growth, sources have told Reuters.
Italy's state-controlled fund FSI, Bahrain's Investcorp, and private equity firms Ardian, Permira, KKR & Co, Clessidra and Blackstone are all considering buying the stake, but a final shortlist has not yet been drawn up, sources said.
Versace chief executive Gian Giacomo Ferraris said in September Versace planned to finalise a shortlist by mid-October.
China's Fosum and South Korea's E-Land, two of the several names that had been circulating in the press, said last month they were not interested while sources with knowledge of the situation told Reuters that Qatar was looking less likely to bid despite holding talks with the group earlier this year.