MILAN (Reuters) – Debt-laden Italian eyewear maker Safilo (SFLG.MI), which has been seeking to strengthen its balance sheet, postponed release of its first-half results on Monday after talks with private equity groups fell through. The maker of Gucci and Dior eyewear, which has net debt of more than 600 million euros ($856 million) and has [...]

MILAN (Reuters) – A private equity deal is looking the most likely solution in Safilo’s (SFLG.MI) quest to strengthen its balance sheet, as Bain Capital remains the last contender in a race for a stake in the debt-laden eyewear maker. The Dior and Gucci eyewear maker has net debt of around 600 million euros ($852 [...]

MILAN (Reuters) – A would-be investor in Safilo (SFLG.MI), who has been invited to make an offer for the company, said on Tuesday it was being denied the ability to carry out due diligence into the Italian eyewear maker. Berggruen Holdings has said it is interested in investing in Safilo, which makes eyewear for designer [...]

MILAN (Reuters) – Italy’s Safilo (SFLG.MI) expects to receive shortly offers from private equity funds interested in becoming shareholders in one of the world’s biggest eyewear makers. Safilo, which works for many designer brands like Dior and Gucci, said on Friday it would present the offers to its board for an “in-depth” review. Two sources [...]

PADUA, Italy (Reuters) – Italian eyewear maker Safilo’s (SFLG.MI) main shareholder is continuing talks with, mainly, four private equity funds and a deal is hoped for before end-June, chief executive Roberto Vedovotto said on Monday. Only 3T, which owns just over 39 percent of Safilo, last week confirmed the group was considering new funding to [...]

MILAN (Reuters) – Italian eyewear maker Safilo SpA’s (SFLG.MI) main shareholder said it was in talks with potential investors and could dilute its stake in the company, boosting Safilo shares on hopes of a cash injection. Only 3T, which has 39.9 percent of Safilo — maker of eyewear for designers like Gucci and Dior — [...]