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Fashion

Is Valentino poised to buy Balmain for 500 million euros?

London - Is Italian fashion house Valentino set to acquire luxury label Balmain for 500 million euros? According to French newspaper, Les Echos, Valentino's Qatari owners, Mayhoola for Investments, has made a preemptive bid for the French fashion house. The Qatari investment vehicle is said to have offered 500 million euros (569 million US...

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