Valentino to go to Qatar

Ben Southwood
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THE EMIR of Qatar may buy Valentino from its private equity owners, Sky News said yesterday.

The private equity firm Permira currently owns Valentino, having acquired the luxury Italian fashion brand near the top of the market, for €2.6bn (£2.1bn).

The acquisition would see not only the eponymous Valentino label, but also Missoni changing owners.

No spokesman from Permira was available to make a comment.