Article: US GEM ready to invest EUR 55m in Italian Mariella Burani - report.

Article from:
ADP News Italy
Article date:
September 2, 2009
Copyright

(ADPnews) - Sep 2, 2009 - US fund Global Emerging Markets (GEM) is interested in investing EUR 55 million (USD 78.2m) in a capital increase planned by troubled Italian Mariella Burani Fashion Group (BIT:MBFG), Il Giornale said Wednesday, citing sources close to negotiations.

Mariella Burani has said there are already contacts under way with potential partners, both ...

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