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Three possible investors for Roberto Cavalli

Of the 80 potential investors contacted by Rothschild, hired by private equity Clessidra to find a minority partner for the Italian luxury fashion Group, three are reported to have expressed an interest.


GST AutoLeather sale fails to go ahead

The bid to sell the premium automotive leather manufacturer’s assets to its senior lenders failed to go ahead in the Delaware, U.S., bankruptcy court on January 22 as the infighting between secured and unsecured creditors continues.