WWD.com/beauty-industry-news/financial/hiking-bid-to-375m-fiat-outpaces-cvc-to-win-race-for-gft-1163700
financial
financial

Hiking Bid to $375M, Fiat Outpaces CVC to Win Race for GFT

Milan -- Raising its offer for GFT SpA to the equivalent of $375 million (600 billion lire), Gemina SpA, a Fiat investment group, has beaten back a last-minute bid by CVC Capital Partners to capture the designer-label manufacturer.According to...

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