BERLIN Aug 4 Private equity house Permira has
no current plans to sell its stake in German fashion retailer
Hugo Boss, a spokesman said on Monday.
Permira, which owns the Hugo Boss stake via its Red & Black
investment vehicle, last sold off shares in May 2014, May 2013
and November 2011, when it reduced its stake by 5.6 percent, 10
percent and 6.4 percent respectively.
Hugo Boss shares fell sharply early on Monday after
Bloomberg reported that Permira was seeking a buyer for its
remaining majority stake in Hugo Boss, seven years after it took
control. The stock was down 1.5 percent at 0835 GMT.
(Reporting by Alexander Huebner; Writing by Emma Thomasson;
Editing by Maria Sheahan)