Consumer
Qatar Eyes 10% Stake in Italy’s Golden Goose, Corriere Says
A customer tries on a pair of limited-edition sneakers at a Golden Goose SpA store in the Mayfair district of London.
Photographer: Jason Alden/BloombergQatar Investment Authority, the country’s sovereign wealth fund, is preparing to buy a stake of about 10% in Italian sneaker maker Golden Goose, Corriere della Sera reported Saturday.
The reported move would add another investor to Golden Goose after HSG agreed in December to acquire a majority stake from Permira in a deal valuing the company at just over €2.5 billion ($2.9 billion). It also signals continued interest from global funds in Italian luxury assets.