Primavera Capital Acquisition in a definitive proxy filing called a Dec. 9 meeting for shareholders to vote on the proposed merger with Lanvin Group, a luxury fashion company managing brands worldwide including Lanvin, Sergio Rossi, Wolford, St. John Knits, and Caruso.
Primavera earlier this week said it had removed the deal’s bonus pool of 3.6 million post-merger shares that were to be contributed by Fosun International, but added $95 million to the PIPE supporting the Lanvin deal.
Primavera last month lowered the per-share price of Lanvin from $3.365773 to $2.6926188. Additionally, the SPAC added a $50 million equity investment by Meritz Securities to its PIPE. Read more.
