MILAN, Nov 15 (Reuters) - Italian style home Missoni plans to listing on the Italian inventory mark
MILAN, Nov 15 (Reuters) – Italian style home Missoni plans to listing on the Italian inventory market within the subsequent three years, every day Il Sole 24 Ore reported on Friday.
“We need to carry Missoni to the Milan Bourse, we’re working to construction the group in view of that objective,” president Angela Missoni was quoted as saying within the monetary paper, with out giving additional particulars of the plan.
In June final yr, state-backed Italian funding fund FSI (Fondo Strategico Italiano) purchased 41,2% of the group for 70 million euros ($77 million) to attempt to assist it increase gross sales and concentrate on worldwide enlargement.
The Missoni household stored the remaining 58.8% of the group couple Rosita and Ottavio Missoni based again in 1953 within the small northern Italian city of Gallarate, an space recognized within the nation for the manufacturing of high-end textiles.
Again then, FSI stated it would finally minimize its stake through a inventory market itemizing, however stated there was “no rush”.
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