Njord Partners has acquired a majority stake in Italian fabrics producer Lanificio Fratelli Cerruti, while the company's founders, the Cerruti family, retained a minority holding.
Valar, Alven Capital and the European Investment Bank (EIB) back digital bank Qonto
Blackstone sells 20% stake in high-end, Milan-based fashion brand Versace to Michael Kors
Other participants in the funding round include GV, Boldstart Ventures and Heavybit
Insurance data software company will invest in product development as it scales internationally