Announced
Financials
Tags
Pending
Friendly
Single Bidder
Acquisition
furniture designing
Household Equipment and Products
Domestic
Private
Italy
Private Equity
Majority
Synopsis
Tamburi Investment Partners, an independent investment and merchant bank, agreed to acquire a 50.7% stake in Investindesign, the holding company for Italian Design Brands, from Private Equity Partners, a private equity and venture capital company, for €72m. The execution of the agreement is strictly conditional on the listing of the IDB shares on the Italian stock market by June 30, 2023.
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