By  on August 11, 2014

MILAN — Roberto Cavalli may have found himself an investor at last.

The designer is said to be close to signing a deal to sell 60 percent of his namesake company to VTB Capital, part of VTB Group, a major Russian investment bank, for 500 million euros, or $667.5 million. The deal values the brand at 830 million euros, or $1.1 billion at current exchange.

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