IFLR1000

Michael Kors €1.83 billion acquisition of Gianni Versace

31/12/2018
Private acquisition
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€ 1.83 billion

$ 2.031 billion

Completed

31/12/2018

Overview:

  • Luxury handbag maker Michael Kors has acquired a majority stake in Gianni Versace for €1.8 billion. 

Rajeeb Gurung - Researcher

Jurisdiction:

Italy

Deal type:

Private acquisition

Practice area:

M&A

Industry sector:

Consumer goods and services

Firms:
Chiomenti

Party: Allegra Versace (Seller)

Lawyer: Simone Bernard De La Gatinais

Cleary Gottlieb Steen & Hamilton

Party: Donatello Versace (Seller)

Gianni & Origoni

Party: Blackstone (Seller)

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