Giorgio Armani’s will direct his heirs to sell an initial stake of 15% in Giorgio Armani SpA to one of three preferred buyers — LVMH Moet Hennessy Louis Vuitton SE, EssilorLuxottica SA or L’Oréal SA — or a company of similar standing within 18 months. Bloomberg Opinion’s Andrea Felsted has the details. Her opinions are her own.
www.bloomberg.com
#Armani #Directs #Stake #Sale #Preferred #Buyers
Armani Will Directs 15% Stake Sale to Preferred Buyers
