Bahrain’s Investcorp could buy a majority stake in Roberto Cavalli

Roberto Cavalli is in talks with Bahrain-based private equity group Investcorp about a sale of a majority stake in his eponymous Italian fashion brand after failing to reach an agreement with Permira, reports the FT.

Cavalli is ready to consider a sale that would value the luxury company at 450 million euro including debt, equal to more than 15 times earnings before interest, taxes, depreciation and amortisation. The designer seems to be willing to make a decision by the end of June, however, discussions with Investcorp are at an early stage.

Just Cavalli, Spring Summer 2014 ad campaign