Hugo Boss shares dropped as much as 3.7 per cent after people familiar with the matter said that Permira Advisers is discussing a potential sale of its remaining stake in the German fashion house.
Permira, based in London, is in talks with advisers to find a buyer for its holding of about 50 percent in the German fashion label, valued at about 3.7 billion euros ($5 billion), Bloomberg News reported Aug. 1, citing people familiar with...
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