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...
Kerimov Sells Alrosa Stake

Kerimov Sells Alrosa Stake

The Moscow Times Oct 14 Billionaire Suleiman Kerimov has sold his stake in Alrosa, a month before the planned IPO of 16 percent of the diamond producer’s shares, a news report said Monday. The businessman may have owned from 1 to 2 percent of Alrosa, several...