By  on May 29, 2013

MILAN — La Perla, the struggling Italian lingerie firm, said it received a rental and acquisition offer from financial services provider SMS Finance S.A.

The proposal, received last Monday, is “an alternative to that previously presented by Gruppo Calzedonia,” according to a statement from Bologna-based La Perla.

La Perla noted the Court of Bologna would hold a hearing on June 4 to evaluate competing proposals and that no decision would be made prior.

Gruppo Calzedonia, a large Italian hosiery and intimates firm that has seen notable expansion in the past several years, has expressed a strong interest in acquiring La Perla and has been negotiating with Bologna unions over restructuring plans that would save the jobs of many La Perla workers currently on government funded leave.

La Perla is currently owned by American private equity fund JH Partners.

To access this article, click here to subscribe or to log in.

load comments
blog comments powered by Disqus