Stock Groups

Benetton scion Alessandro to take helm of family holding company -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILEPHOTO: A poster offering a special discount for sales is seen at Benetton’s store in Zurich. The post was created as COVID-19 spreads. RE

MILAN (Reuters – Alessandro Benetton is the son of Luciano Benetton founder of Benetton Group, and will be taking over as chairman of Edizione, the company announced on Thursday.

This move puts the Benettons in control of Edizione, as the company looks to turn the page following the 2018 collapse of Genoa Bridge. The finalization of Autostrade’s sale of Italian motorway assets is expected before March.

Edizione said also that Atlantia’s stake had increased from around 23% to about 33%.

Also, the holding company owns shares in Autogrill caterer, insurance Generali (MI) and Cellnex telecom masts group Cellnex investment bank Mediobanca.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]