Private Equity Firm Permira Further Reduces Stake in Hugo Boss

Permira, which acquired the German fashion brand in 2007, planned to sell 4.9 million shares in a private placement, representing a 7 percent stake. It will be left with a 32 percent stake.

Permira, which acquired the German fashion brand in 2007, planned to sell 4.9 million shares in a private placement, representing a 7 percent stake. It will be left with a 32 percent stake.

Source:: Private Equity Firm Permira Further Reduces Stake in Hugo Boss

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