Blackstone has sold its 20% stake in the Milan-headquartered fashion brand Versace to New York Stock Exchange-listed fashion conglomerate Michael Kors, which will rebrand as Capri Holdings.
Deal is a carve-out from Bock's listed owner, GEA Group, which acquired the company in 2011
Early figures from the third quarter suggest that very few GPs will be in sell mode for the rest of the year
Startup is a provider of customer engagement software to utility companies
A fifth of the company will be retained by the vendor, De Menego family