After acquiring The Bridge and Lancel, Italian group Piquadro is reportedly the front runner in the take-over of Italian luxury shoemaker Sergio Rossi. According to the Italian media Swiss based Bally which is owned by China’s Shandong Ruyi Group, has also become actively involved in the race for Sergio Rossi.
Three years ago Ruyi paid EUR 600 million to JAB Holding for acquiring Bally. the sale of Sergio Rossi by the owner Investindustrial, therefore, seems imminent: it should take place in the upcoming weeks.
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