It was not a good day for rapper, actor and entrepreneur Ice Cube who says he’s owed $1.2 billion from a group of Qatari investors over a botched ... who played up their connection to the royal ...

The deal cedes control of Valentino to Mayhoola, an investment vehicle backed by the Qatari royal family, as well as the license of clothing brand Missoni, which also belongs to Permira.