By  on March 11, 2009

MILAN — The majority shareholder in Italy’s Safilo Group SpA would be prepared to dilute its holding to obtain new financing for the debt-ridden group, which could lead to a delisting of the stock.


Only 3T SpA, through which the Tabacchi family controls 39.9 percent of Safilo, said Tuesday it was looking at “various options to strengthen the capital structure of Only 3T and Safilo Group.”

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus