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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: Sadif Analytics Prime
Provider: Sadif Analytics Prime

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Eurazeo SA Announces Sale of Flexitallic Group; Announces Sale of Stake in Moncler in IPO

Thursday, 7 Nov 2013 01:17pm EST 

Eurazeo SA announced that it sold the Flexitallic Group in July 2013. The Company also announced that on October 14, 2013, Moncler filed applications with the Italian Stock Exchange (Borsa Italiana) for the listing of its ordinary shares on the Telematic Stock Market (Mercato Telematico Azionario). The selling shareholders are ECIP M (Eurazeo S.A. subsidiary), CEP III (Carlyle Group subsidiary), and Brand Partners 2 (Progressio Investimenti subsidiary). They hold 45%, 18% and 5% interests, respectively. The planned initial public offering only involves the Moncler brand, the four Sportswear brands (Marina Yachting, Henry Cotton’s, Coast Weber Ahaus and the Cerruti 1881 license) having been separated from the Moncler brand. 

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4:17am EDT