Saturday, 9 July 2011

Versace, Cavalli May Be Takeover Targets in Coming Months, Corriere Says

http://www.bloomberg.com/news/2011-07-07/versace-cavalli-may-be-takeover-targets-in-coming-months-corriere-says.html


Gianni Versace SpA and Roberto Cavalli SpA are among Italian companies that may be takeover targets in coming months, Corriere della Sera reported, citing a survey of merger and acquisition experts.
SS
THE LUXURY BUBBLE IS BLOWING IN FULL FORCE
EXPECT THIS MKT TO CRASH TO 2009 LOWS AGAIN
WHEN THE MKT TOPS - LAST QTR THIS YEAR OR EARLY NEXT YEAR - WE WILL SEE 

Fondiaria-Sai SpA (FSA), La Perla and supermarket chain Esselunga may also be targets, the Italian newspaper’s weekly business magazine Il Mondo will report tomorrow. Mediobanca SpA and Labelux are among the possible “predators,” according to the newspaper.


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