Samsung and Prodos Capital in US may take Gianfranco Ferré
South Korean conglomerate Samsung Group and American private equity firm Prodos Capital Management emerged as the final bidders for Italian fashion house Gianfranco Ferré, which has filed for bankruptcy protection, in a deal offering to buy out the firm for less than $20.2 million.
Should the deal go through, the US private equity house will have a majority stake, while Samsung's textile division will take a minority stake in Gianfranco Ferré. Industry sources said that Samsung...
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