By  on May 10, 2013

MILAN — Italy’s giant hosiery, innerwear and beachwear group Calzedonia SpA said it is negotiating the acquisition of La Perla.

The Italian luxury innerwear company is controlled by San Francisco-based private equity fund JH Partners LLC, which acquired the company in October 2008, after taking a 70 percent stake of the $270 million lingerie company in July 2007.

According to the company, Calzedonia is creating a business plan that aims to maintain the largest number of employees in the city of Bologna, where La Perla is based.

RELATED CONTENT: Calzedonia Confirms Acquisition Talks >>

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