WWD.com/business-news/financial/ppr-in-talks-to-sell-cyrillus-vertbaudet-6563341

financial

January 3, 2013

PPR to Sell Redcats' Kids', Family Divisions

Talks with Alpha Private Equity Fund 6 peg the enterprise value of the Cyrillus and Vertbaudet businesses at 119 million euros, or $157.5 million.

By Miles Socha

financial/news

PARIS — Continuing the piecemeal disposal of its retail assets, PPR said Thursday it is in exclusive negotiations to sell the children and family divisions of cataloguer Redcats...

PPR to Sell Redcats' Kids', Family Divisions

Talks with Alpha Private Equity Fund 6 peg the enterprise value of the Cyrillus and Vertbaudet businesses at 119 million euros, or $157.5 million.

Send to a Friend

Success!

Your Email was sent succesfully.

Error!

Your Email was not sent.