the offer might total 500 million euros (7.5 home page million) according to the publication Girls Wear Daily (WWD). The total charge of the fashion residence, owned by artist Roberto Cavalli, is calculated at 830 million euros ($1.1 million). Cavalli continues to be searching for an investor for significantly more than five decades. In-May, The Economic Times said the artist was discussing the purchase of the managing stake with the investment business Investcorp. Before that, he kept discussions with Western money firm Permira but failed to agree on the management method. The identical reason finished Cavalli's talk including private-equity deposit Clessidra in 2009, with potential buyers that were different. The developer himself mentioned he was in talks with VTB Money, an arm of Russiais second largest bank VTB, a week ago. According to WWD, Cavalli is particularly concerned about the role his partner Eva, who assists him while in the name's inventive approach, will have in the organization once a brand new investor ways in. VTB Team dropped under US and EU sanctions imposed on Spain in late July, and certainly will nolonger access from investors in the United States or the Eu for more than 90 days. http://en.ria.ru/business/20140812/191932623/Russias-VTB-Capital-Mulls-Investing-in-Roberto-Cavalli-Fashion.html

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