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FACTBOX-Five facts about Escada's new owner Megha Mittal

Fri Nov 6, 2009 10:22am EST

Stocks

   

Nov 6 (Reuters) - Megha Mittal, the daughter-in-law of steel magnate Lakshmi Mittal, has agreed to buy insolvent German fashion house Escada (ESCG.DE) for an undisclosed price.

Basic Materials

Here are five facts about Megha Mittal:

* Megha Patodia was born in Hyderabad, India

* The 33-year old is married to Aditya Mittal, heir to Lakshmi Mittal, chief executive of the world's largest steel maker, ArcelorMittal (ISPA.AS), and has two daughters

* Megha Mittal took a degree from Wharton Business School in 1997, specialising in finance and strategic management, and has a postgraduate degree in architectural design from Inchbald School of Design in London (2003).

* Mittal worked at her family's GTN textile company after graduating from Wharton

* She was an analyst at Goldman Sachs investment research for one year from 2000, covering telecoms, media and technology stocks

(Reporting by Eva Kuehnen and Christian Kraemer in Munich, editing by Will Waterman)



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