February 12, 2020 / 10:56 AM / in 13 days

Italy's Golden Goose valued at 1.28 bln euros in Carlyle-Permira deal - sources

LONDON/MILAN, Feb 12 (Reuters) - An accord between private equity firms Carlyle and Permira for the sale of Golden Goose values the Italian luxury sneaker brand at 1.28 billion euros ($1.40 billion), two sources close to the matter said on Wednesday.

Earlier on Wednesday a source familiar with the matter said U.S. investment firm Carlyle had agreed to sell the Venice-based maker of 400 euro a pair sneakers to Permira.

Carlyle had been working on the sale process with Bank of America since late 2019, with a view to achieving a valuation of no less than 1.2 billion euros, sources had said. ($1 = 0.9161 euros) (Reporting by Pamela Barbaglia and Elisa Anzolin, editing by Valentina Za)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below