Valentino’s Qatari owners explore IPO

Qatari investment firm Mayhoola For Investments SPC, owners of Italian luxury maison Valentino is reportedly assisted by Rothschild on a potential IPO, which may seek a valuation for Valentino of as much as 2 billion euros ($2.26 billion), the people said, asking not to be identified because the discussions are private.

Mayhoola may sell anywhere from 25 to 35 percent of the business in a share sale as early as the first half of next year, the people said. Deliberations are at a preliminary stage, and Mayhoola may also choose to keep the business, or sell it to a trade buyer, they said.

An official for Rothschild declined to comment. Representatives for Mayhoola and Valentino didn’t immediately respond to requests for comment.

Mayhoola bought Valentino from private-equity firm Permira Advisers in 2012 for about 700 million euros. The fashion house, established in 1960 by designer Valentino Garavani and his business partner Giancarlo Giammetti.

Valentino Fall Winter 2015 ad campaign