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Fashion Jobs
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
PEOPLE ALLIANCE WORKFORCE PRIVATE LIMITED
Category Manager/sr. Manager-Institutional Sales - Garments Industry
Permanent · Bhiwandi
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
NIKE
Service Delivery Manager, Sap & Omdl (Order Management & Delivery) – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, Batch & bi – Tech Ops
Permanent · Bengaluru
NIKE
Service Delivery Manager, HR/Finance & Payroll – Tech Ops
Permanent · Bengaluru
NIKE
Senior Cyber Security Analyst – Cis
Permanent · Bengaluru
By
Reuters
Published
May 22, 2009
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Safilo private equity talks may miss deadline

By
Reuters
Published
May 22, 2009

MILAN, May 22 (Reuters) - Italy eyewear company Safilo SpA's (SFLG.MI) talks with private equity funds on taking a stake in the company could slip beyond the end-June target for completion, a source close to the talks said on Friday 22 May.


Boss Orange sunglasses, a Safilo product

Any deal on a stake purchase, plus parallel talks between Safilo and its banks on a renegotiation of the company's debt, could take until the end of the summer, the source said.

Safilo Chief Executive Roberto Vedovotto said at the end of April he hoped talks between Safilo's main shareholder Only 3T and four private equity funds would reach a conclusion by the end of June.

Two of the funds had dropped out, the source added, leaving only Bain Capital and Pai Partners in the running for a stake in Safilo, though a second source close to the talks said discussions between Only 3T and all four funds -- including Apax Partners and CVC Capital -- were continuing.

Bain and Pai intend to take their time studying Safilo before making any decision on whether to invest, "also because in this phase (of the market) there are certainly not many deals in the pipeline", the first source added.

Safilo's net debt reached nearly 618 million euros ($852 million) at the end of March, up from 570 million at the end of 2008. Its shares closed down 3.5 percent at 0.4470 euros. (Reporting by Massimo Gaia and Cristina Carlevaro; Writing by Nigel Tutt; Editing by David Holmes)

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