Singapore's Temasek ups stake in Italian fashion group Ermenegildo Zegna to 10%
Government
SINGAPORE: Singapore's Temasek has increased its stake in Ermenegildo Zegna Group to 10 per cent, the state investment firm said on Friday (Aug 1). The investment underscores the company's commitment to support leading European companies and family businesses with strong track records and global potential, said Temasek. It added that the Italian company successfully established itself in the high-end luxury segment and "presents significant long-term value creation opportunities across each
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