Fashion: Valentino sold to Qatar royal family

12 July, 11:22

(ANSAmed) - Rome, July 12 - The Qatar royal family has bought Valentino Fashion Group (VFG), the clothing company announced Thursday.

The company, which was owned by the Permira Fund since 2007, reportedly was sold for 600-750 million euros to Mayhoola for Investments Spc. (ANSAmed).

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