RETAIL WEEK
July 1st, 2005
From Alan OsbornAn acquisition by the 3I Group plc of joint control of the Italian toy retailer Giochi Preziosi has been approved by the European Commission which said it saw no violation of EU competition regulations. 3I Group, an international venture capital company, will share control with Fingiochi, the present controlling shareholder of Giochi Preziosi which besides the wholesale and retail of toys is also active in the retailing of Christmas decorations, shoes, stationery products, confectionery, baby products and promotional gadgets in Italy.3I said the ...
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