Business
Ermenegildo Zegna Group acquires majority stake in Bonotto
London - The Ermenegildo Zegna Group has acquired a majority stake in Bonotto SpA, a luxury Italian textile manufacturer. The agreement sees the Bonotto family retain a 40 percent stake in the company, as well as control of the manufacturer's management and creative direction. In addition, the Group has also taken a 33 percent stake in Bonotto...
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