Quiksilver, which bought Rossignol in 2005 for €360million ($500 mm), is said to be mulling three offers for the French wintersports equipment company. Thethree suitors are said to be investment funds. One fund has the support of ZQKVP Thierry Miremont and another the backing of Rossignol Chairman Jean-FrancoisGautier. Bobby Jaffe, an American ski enthusiast, is said to be the thirdbidder.
Unwinding Rossignol will be somewhat tricky, asQuiksilver is evidently committed to the idea of developing the soft goods sideof the brand. One possibility is said to be keeping the rights to the brand andlicensing the equipment rights back to a third ... Log in to view full article.