Salvatore Ferragamo S.p.A. (BIT:SFER) signed a share purchase agreement to acquire 25% stake in Ferrimag Limited, Ferragamo Moda Shanghai Ltd & 15.2% stake in Ferragamo Retail Macau Ltd. from ImagineX Group for €41.2 million on February 28, 2011. Salvatore Ferragamo already owns 50% stake each in Ferrimag Limited and Ferragamo Moda Shanghai Ltd and 60% in Ferragamo Retail Macau Ltd. The transaction is expected to be implemented in January 1, 2013, upon which the deal value will be due. Caretti & Associati SpA acted as financial advisor to Salvatore Ferragamo S.p.A.

Salvatore Ferragamo S.p.A. (BIT:SFER) completed the acquisition of 25% stake in Ferrimag Limited, Ferragamo Moda Shanghai Ltd & 15.2% stake in Ferragamo Retail Macau Ltd. from ImagineX Group for €41.2 million on January 3, 2013.