By  on March 13, 2018

LONDON — Italian accessories brand Piquadro is in exclusive talks to buy the French accessories label Lancel from Compagnie Financière Richemont, parent of brands including Cartier, Dunhill and Van Cleef & Arpels.

Piquadro, a publicly quoted company, issued a statement to the Milan stock exchange confirming that talks have begun and that it has started due diligence on Lancel. It said a deal could be tied up by the middle of this year.

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