France's PPR in talks on large luxury takeover-paper

Newswire

PARIS, June 6 (Reuters) - French retailer and luxury goods giant PPR is in talks to make a large acquisition in the luxury sector, La Tribune reported on Monday, citing an unnamed internal source.

Possible targets include Hugo Boss, controlled by private equity firm Permira, Burberry and Polo Ralph Lauren , but Italian fashion house Prada, which is pricing its initial public offering in Hong Kong, could actually be the most likely target, the newspaper said.

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