Can buy of the royal family of Qatar, Valentino Fashion Group, Sky Reports

The royal family of Qatar is to buy near Valentino Fashion Group SpA from Permira Holding SA for 550 million pounds (852 million) with an announcement expected this week, Sky News reported on its website, without saying how he got the Information. Qatar's royal family are willing to buy, not to make the country's sovereign wealth fund, reports Sky. A representative of the Emir of Qatar Hamad bin Khalifa Al Thani, declined to comment when contacted by Bloomberg today by telephone.