News

Ferragamo family reduces its stake in luxury group

22/06/2018

The Ferragamo family, owners of Italian luxury group Salvatore Ferragamo, have confirmed they will sell a 3.5% stake in the company. The sale of the shares aims to increase the free float of the company, which is considered too low by the family, according to Reuters, which quoted an anonymous source.   The family owns 57.76% of Salvatore...

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