According to Italian wire service Ansa, Diadora has received three offers, including
one from Geox SpA's Founder and Chairman Mario Moretti Polegato. The other bidders were said to be private
equity funds.
The source said that Geox's Polegato would make the purchase
through his own investment vehicle called Lir and not through Geox. According
to the report, Diadora has debt totaling 170 million ($239.5 million).
