Cantarelli may receive bid from IKF
Cantarelli, an Italian fashion house, could receive a bid from listed Italian investment fund IKF, Italian language daily Milano Finanza reported on 27 October.
The unsourced article noted IKF has asked for 60 days to formulate an offer.
The report added businessman David Marini could team up with a Spanish investment fund to make a bid. The Italian courts have rejected a bid by owner Alessandro Cantarelli to place the company in bankruptcy protection under the provisions of the “concordato” procedure, it said.
As previously reported, Cantarelli posted revenues of EUR 16m in 2014.
MF Fashion
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