Barcelona has just clocked up its biggest ever exit — albeit the price-tag on the sale of veteran Spanish ecommerce player Privalia, headquartered in the city, to France’s Ventee-Privee has not been disclosed. Recent rumors swirling about a possible exit for Privalia pegged the price being discussed at up to €500 million.
Privalia’s exit has at least now been confirmed, with investor Index Ventures writing that the sale to the French ecommerce deals site will help the latter strengthen its position in an increasingly competitive European retail…
Vente-Privee buys Spanish fashion ecommerce site Privalia
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