Salvatore Ferragamo SpA and Tod's SpA were expected to pursue growth through deals with LVMH and Gucci-owner Kering SA.
Tags: Italy
MS Costa Concordia successfully freed from rocks
Engineering officials said MS Costa Concordia was successfully freed from rocks after it was aground 20 months ago.
Philippine regulator accepts development project proposals under Italy's development program
The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.
Italy assures public no opposition to foreign takeovers
Italy' economy minister assures the market that Italy has no policy to oppose foreign bids for domestic enterprises.
Source: EU Competition Commissioner to discuss Monte Paschi bailout with Italian minister
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
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The absence of clear labor policies would prompt Fiat to move the production of Alfa Romeo outside of Italy.
LVMH Moet Hennessy Louis Vuitton SA bought 80% of Loro Piana SpA making the brothers who led the company billionaires.
Vivus Inc signed an impotence drug deal with Italy's Menarini Group for Eur95 million. Vivus Inc announced that it signed a contract with Italy's Menarini Group worth Eur95 million or US$121.
Fiat SpA and PSA Peugeot Citroen came to an agreement that would allow them to make new delivery vans in Italy.
Fitch ratings for the transport infrastructure sector was mostly Stable Outlook. (Photo : Reuters)The image shows a building of Fitch Ratings, a global rating agency.
Confidurista said that Italy's economy will decline further. (Photo : Reuters)The image is the Italian flag with the Parliament at the backdrop. Further contraction is expected for the economy of Italy.
Medioblanca will sell stakes as part of its revival campaign. (Photo : Reuters)This is an image of Telecom Italia's logo. Italy's largest listed investment bank Medioblanca SpA is planning to sell its stakes in firms which include Assicurazioni Generali SpA and Telecom Italia SpA.
Eni sells off 6.7% of its shareholdings in Galp. Eni, the Italian oil and gas group had announced the accumulation of Eur677. 6 million after the sale of 6.
Scarosso, the high end shoe brand, announced that it has raised new funding from its Series A capital round.
