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By
Reuters
Published
Feb 26, 2015
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Italy's Cavalli confident it can seal sale to Clessidra

By
Reuters
Published
Feb 26, 2015

MILAN, Italy - Italian fashion house Roberto Cavalli said on Thursday it was confident talks with private equity firm Clessidra for the sale of a majority stake in the Florentine group could be finalised as scheduled.

Roberto Cavalli Spring/Summer 2015 Milan - PixelFormula


Cavalli and Clessidra in December announced they had started exclusive talks and had until March to reach an accord.

Cavalli said it had revenues of 209.4 million euros ($238 million) in 2014, up 4.2 percent from a year earlier.

€1 = $1.14/£0.73

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