Click to Skip Ad
Closing in...

Diego Della Valle Confirms RCS Investment

Tod’s chief agrees to a capital increase in the media group.

MILAN — Diego Della Valle confirmed his capital increase in Italian publishing firm RCS Mediagroup through DI.VI. Finanziaria and Dorint Holding, which he controls.


The Tod’s chief had estimated his investment would be about 40 million euros, or $51.7 million at current exchange rates.


Della Valle said his stake in RCS rises to 8.81 percent from 8.7 percent.

RELATED STORY: Della Valle Sounds Off on RCS >>

load comments


Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
blog comments powered by Disqus