Business & Finance
Dolce & Gabbana Weighs Sale of Milan Properties to Raise Cash
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Dolce & Gabbana Weighs Sale of Milan Properties to Raise Cash Dolce & Gabbana is negotiating with lenders over the potential sale of real estate assets in Milan as part of an effort to raise liquidity and refinance debt, according to people familiar with the matter. The company is considering selling some properties, including in Milan’s city center, and then leasing them back to free up cash, the people said, asking not to be named because they weren’t authorized to speak publicly....
Dolce & Gabbana Weighs Sale of Milan Properties to Raise Cash
Dolce & Gabbana is negotiating with lenders over the potential sale of real estate assets in Milan as part of an effort to raise liquidity and refinance debt, according to people familiar with the matter.
The company is considering selling some properties, including in Milan’s city center, and then leasing them back to free up cash, the people said, asking not to be named because they weren’t authorized to speak publicly. Decisions on exactly which buildings to sell haven’t been made, according to the people.