Advertisement
UK markets close in 1 hour 47 minutes

  • FTSE 100

    8,339.94
    +26.27 (+0.32%)
     

  • FTSE 250

    20,389.22
    -23.86 (-0.12%)
     

  • AIM

    777.58
    +1.16 (+0.15%)
     

  • GBP/EUR

    1.1605
    -0.0019 (-0.16%)
     

  • GBP/USD

    1.2478
    -0.0032 (-0.25%)
     

  • Bitcoin GBP

    49,577.82
    -1,337.63 (-2.63%)
     

  • CMC Crypto 200

    1,319.40
    +24.72 (+1.91%)
     

  • S&P 500

    5,173.07
    -14.63 (-0.28%)
     

  • DOW

    38,870.43
    -13.83 (-0.04%)
     

  • CRUDE OIL

    77.52
    -0.86 (-1.10%)
     

  • GOLD FUTURES

    2,318.10
    -6.10 (-0.26%)
     

  • NIKKEI 225

    38,202.37
    -632.73 (-1.63%)
     

  • HANG SENG

    18,313.86
    -165.51 (-0.90%)
     

  • DAX

    18,452.62
    +22.57 (+0.12%)
     

  • CAC 40

    8,128.45
    +52.77 (+0.65%)
     
Money:

How to make a tax-free income

Tips for making money that won't be taxed

Valentino CEO says Mayhoola is long term shareholder

Reuters
Updated ·1-min read

MILAN (Reuters) - Qatari investment vehicle Mayhoola for Investments is a long-term shareholder in Valentino and could help the Italian fashion group grow further, Valentino Chief Executive Stefano Sassi said on Thursday.

"We have a long-term shareholder that I don't think has any need to sell," Sassi said at a presentation in Milan. "I don't rule out that the group could be expanded further, we need to always keep an eye on the market because critical mass is important."

Mayhoola, which acquired Valentino in 2012, has examined plans to list the designer on Milan's stock market, sources told Reuters in late 2017, although the company has since said it had no such plans.

(This story corrects spelling of Sassi, clarifies headline)

(Reporting by Silvia Aloisi; editing by James Mackenzie)