ITALY - BS Private Equity could sell Arena

Francinia
02 October 2008

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Market rumour suggests that BS Private Equity could sell portfolio sportswear company Arena to German sector giant Adidas.

BS Private Equity has retained investment bank Morgan Stanley to test the waters regarding a potential sale. The private equity house has been cited as stating that no formal sale process has been launched.

Last year, Arena cleared a EUR 82m turnover.

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