Hugo Boss attracts attention of major private equity firms – report
Hugo Boss, the listed German fashion group, has attracted the attention of major private equity and sovereign wealth groups, the Italian language Carlo Festa blog reported. Qatar Holding in particular is likely to be interested, but that Blackstone and KKR could also be mulling bids, the unsourced report noted.
Leading luxury groups such as Kering could also consider an offer, the report added.
Hugo Boss is open to takeover following the complete exit of private equity fund Permira, the report also added.
Hugo Boss has a market cap of EUR 8.18bn.
Source Carlo Festa Blog