Article: IN BRIEF: FRETTE FINALE...CASTILLO TO ROSSI...FOR SALE.(Fin.part strucked deal with Coraline SpA, designer Edmundo Castillo appointed at Sergio Rossi SpA ,Prada is heading for a deal with Pirelli Real Estate)

FRETTE FINALE: Financially troubled Fin.part has finalized its deal to rent out and possibly sell home linen business Frette, although it will be to a different private equity fund than the one it first announced. Fin.part said it will rent out Frette's assets to Coraline SpA, a special-purpose vehicle controlled by U.S. private equity fund JH Partners LLC. Financial terms were not disclosed. Coraline, which will work to develop Frette's business, also will have an option to buy the linens manufacturer. Enrico Marinelli, who was chief executive officer of Frette between 1997 and 1999, will become ceo of Coraline and therefore the executive running Frette. In September, ...

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