Not So Fast ....This was posted on Ski-Review.com"Written by Dan Morgan
Wednesday, 26 March 2008 Cycle group Look International have expressed an interest in buying Rossignol, the French winter sports brand.
Look's head Dominique Bergin was quoted refering to Rossignol's "very nice brand" and linked the benefits of Look's carbon technology.
Any acquisition would potentially also bring the Look ski brand back home. Look's alpine binding division was sold to Rossignol in 1994 after a successful supply partnership.
Quiksilver bought Rossignol for $560 million (USD) but has since appointed JP Morgan to find potential suitors."
Also, this was reported in the media:
PARIS, March 26 (Reuters) - The head of cycling equipment group Look International told French newspaper Le Figaro that he was interested in buying Rossignol, the French winter sporting goods company that Quiksilver (ZQK.N: Quote
) has put up for sale.
"Why am I interested in Rossignol? Because I am a sports fan. Rossignol is a very nice brand ... and Look, with its carbon technology, can bring it a know-how," Dominique Bergin said in the interview published on Wednesday.
Quiksilver bought Rossignol three years ago for 360 million euros ($560.8 million). The sale spearheaded by JP Morgan is expected to start in early April, and Look International could team up with an investment fund to submit an offer, Le Figaro said. (Reporting by Dominique Vidalon, editing by Will Waterman)
© Reuters 2008. All Rights Reserved.
Is the Look or Dalbello rumours just a way for Quicksilver to get the maximum amount of money?