AA Investments has been selected as the transferee of The Socialite Family under a bidding process supervised by a Paris court. The development was reported in early September.
The Socialite Family is reportedly set to come under AA Investments. Following a court-supervised bidding process, AA Investments was reportedly selected as the transferee.
The process was based on a decision by judges of the Paris Commercial Court, and an interdepartmental decision was reportedly being advanced in early September.