By  on June 5, 2009

MILAN — “At least two” private equity funds will submit offers for a stake in Italy’s Safilo Group SpA today as the eyewear firm looks to ease mounting debts, sources said Thursday.

Safilo chief executive officer Roberto Vedovotto said in April that talks between the group’s majority shareholder, Only 3T SpA, and four private equity funds were ongoing and a deal could be reached before the summer.

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