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The Economic Times
The Economic Times
National

Armani open to more than one investor for sale of 15% stake, CEO says

Milan: Italian luxury group Armani is open to involving multiple investors in the sale of a 15% stake earmarked in founder Giorgio Armani's will, CEO Giuseppe Marsocci said on Sunday.

"It is not written in stone that it has to be one investor," Marsocci told reporters on the sidelines of a Giorgio Armani fashion show when asked whether the stake could be split among three investors. He added that no decision had been made.

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