Ferragamo, closing acquisitions of minority stakes in Chinese JVs

Ferragamo acquires minority stakes in Chinese JVs

(Finance) – Salvatore Ferragamoan Italian luxury house listed on Euronext Milan, has the closing relating to the purchase of the minority shareholdings was completed held by the companies attributable to the director of directors Peter KC Woo, Imaginex Holdings Limited and Imaginex Overseas Limited, in the three joint ventures Ferragamo Moda (Shanghai) Co. Limited, Ferragamo Retail Macau Limited and Ferrimag Limited, through the transfer of the shareholdings and the simultaneous payment of the fee.

The operation was announced on October 25, 2023.

(Photo: © Michael Spring/123RF)

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