One of the private equity firms could pay 4 billion euros for the sandal maker as pandemic dealmaking heats up.

The Italian fashion group OTB is conducting due diligence on Jil Sander, confirming a WWD report in December.

The companies are considering sharing best practices on fuel, pooling purchasing and partnering on private labels.

French finance minister Bruno Le Maire threw cold water on the idea, noting the government could weigh in to protect the country’s grocery sector.

M&S will be Jaeger’s third owner in five years, and said the deal should be finalized later this month.

The retailer on Monday said Italy’s Ministry of Economic Development has approved the acquisition of the financially troubled company and some related assets, including 23 stores and the historical archive of the collections.

Bernard Arnault took control of the New York jeweler for roughly $16 billion, but it wasn’t a simple process.

Anthony Ledru joins the iconic jeweler from Louis Vuitton.

Sequoia Capital China has taken a majority stake in the 10-year-old fashion brand.

Walgreens Boots Alliance has spun off its wholesale pharmaceuticals arm, and will use the proceeds to reinforce its Boots pharmacies, beauty and wellness retail businesses.

Brookfield Asset Management’s $5.9 billion offer to buy out other investors in the property business signals more change in real estate.

The deal has been approved by Tiffany shareholders, sealing a turbulent engagement.

The 256-year-old company is now in the hands of a group of creditors, after its owner Fortune Legend Ltd. defaulted on loan payments.

The acquisition will preserve hundreds of stores and the jobs of thousands of workers.

The sale may signal a potential change in strategy for the Japanese parent group that owns Jil Sander, which is said to be courted by OTB.