At least 7 potentially bidding for Versace stake

At least 7 potentially bidding for Versace stake

Oct 11 (Reuters) – At least seven potential buyers 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 close to the talks told Reuters on Friday. Versace’s...
Kenyan private equity firm Fanisi eyes second fund in 2014

Kenyan private equity firm Fanisi eyes second fund in 2014

NAIROBI (Reuters) – Kenya-based private equity house Fanisi Capital will launch a second fund of at least $100 million before the end of next year to invest in new markets across sub-Saharan Africa, its managing partner said on Friday. Fanisi’s new fund...