Primavera Capital (PV) to Combine with Lanvin Group in $1.5bn Deal

Primavera (NYSE:PV) has entered into a definitive agreement to combine with the luxury fashion Lanvin Group at an enterprise value of $1.5 billion, or 2.7x its 2022E sales. The Paris-based group produces luxury apparel through four signature brands with about 300 retails stores and 3,600 employees globally. The combined company is expected to trade on
Read More