Italian lingerie group La Perla
is set to be bought by China's Fosun International Group,
sources said Tuesday.
Fosun, which already owns Club Mediterranee, obtained from
Silvio Scaglia's Pacific Global Management a 30-day exclusive to
take due diligence forward with a view to buying a controlling
stake in the company.
A statement from Fosun and La Perla said the "conclusion of
the operation is subject to the approval of Fosun's investment
committee".
La Perla is one of Italy's top lingeries groups, and
well-known internationally.
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