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coach passport wallet for $3 billion. In announcing the deal, Pinault also said an affiliate would buy French drug group Sanofi's beauty and fashion unit for $1 billion and then sell it to Gucci at cost.Italian fashion house Gucci Group, fighting a hostile bid by LVMH Moet Hennessy Louis Vuitton, agreed Friday to sell a 40% equity stake to French premier retailer Pinault Printemps Redoute for $3 billion. Investors Mainfield Enterprises Inc. and Riverview Group have agreed to buy $18.4 million of Menlo Park, Calif. based Geron's stock, according to a regulatory filing. Business supplies chain Office Depot Inc. office supply chain, agreed to acquire the European mail order business of French retailer Pinault Printemps Redoute for about $800 million to boost its presence in the fast growing European market. The deal gives Framingham, Mass. based Staples an entry into the mail order business in France, Italy, Spain and Belgium, and expands its foothold in Britain. In a pivotal ruling in the bitter feud, the Amsterdam court approved Gucci's sale of a 42% stake to white knight Pinault Printemps Redoute, making a takeover by LVMH unlikely.Articles about PaharganjMCD may seal guesthouses in PaharganjDecember 31, 2010 TNNNEW : The guesthouses in Paharganj may face sealing and demolition action in the New Year. The Municipal Corporation of Delhi (MCD) has been serving notices to guesthouses that have violated building bylaws or have not followed provisions laid down in the Master Plan 2021. These notices were served from December 24 onwards and the guesthouse owners were asked to reply to the notices or make necessary