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He also has interests in banks and soccer."A bid by Della Valle for 100 percent of Saks is highly unlikely," an Italian banker close to Della Valle told Reuters on conditions of anonymity. "If he can make a double digit profit by selling his stake, he will sell," he said.In less than two years, christian louboutin outlet uk Della Valle has splurged more than $170 million to acquire a 19.05 percent stake in Saks, his second biggest holding after Tod's.The size of the investment has prompted questions over whether Della Valle aims at enhancing Tod's or his stock portfolio."Della Valle has strategic holdings only moncler outlet in niche companies, such as Marcolin," a Milan based luxury analyst said, asking not to be named. "When someone makes such a big investment, it is for making capital gains," he said.Asked about his plans, Della Valle said last week Saks was a "great opportunity," declining to give detail."I bet cheap moncler coats Della Valle will try to sell his stake in 12 months, if Slim lets him do it," the analyst said.
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