Qatari Royal Family To Own Valentino

After Harrods, Tiffany, 17% in Volkswagen, and 1% in Louis Vuitton, Qatar royal family’s latest purchase will be Italian fashion label Valentino.

Reports have stated that the Qatar royals are close to finalizing the deal to purchase the Italian label from London-based private equity firm Permira.

“Get to the  how much part already!” says you :P

The deal could be worth about $851 million (about 240 million KD).

Source

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