Ferragamo could assess strategic options, including sale

11 September 2018 - 06:24 pm UTC

Author(s): by Micaela Osella@Micaela Osella and Alfredo Incognito

Italian luxury goods group Salvatore Ferragamo [SFER:MI] could consider strategic options, including a potential delisting, according to a source close to the company. The group is also studying the potential disposal of some real estate assets.

The company, which is 67.7%-owned by the Ferragamo family, has been approached by several private equity funds, the source said. Sale talks with a large private equity firm are ongoing, he added.

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