Escada Attracts Bids From a Dozen Investors, Handelsblatt Says
By Jann Bettinga
Oct. 9 (Bloomberg) -- Escada AG attracted non-binding bids from about a dozen investors interested in the German fashion designer, Handelsblatt reported, citing unidentified people in the financial industry.
Some of the possible buyers will be given access to the company’s books in the next three weeks, the newspaper added.
To contact the reporter on this story: Jann Bettinga in Frankfurt at jbettinga@bloomberg.net.
Last Updated: October 9, 2009 01:54 EDT
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