Eurazeo will acquire a 45% stake in Italian clothing group Moncler, The Wall Street Journal reports. The French private equity group will pay €418 million to Carlyle Group for the stake.
With the sale, Carlyle’s stake will reduce to 17.8% from 48%, while the holding of Moncler Chairman Remo Ruffini will decline to 32%. Moncler was initially planning to list on Borsa Italiana, the Milan stock exchange, on June 20.
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