SJP's unexpected strategy to face celeb fragrance fallout.
August 26, 2016
• Rachel Strugatz
Hiking Bid to $375M, Fiat Outpaces CVC to Win Race for GFT
Milan -- Raising its offer for GFT SpA to the equivalent of $375 million (600 billion lire), Gemina SpA, a Fiat investment group, has beaten back a last-minute bid by CVC Capital Partners to capture the designer-label manufacturer.