Temasek Holdings Pte is building a 10% stake in Ermenegildo Zegna Group worth about $220 million, helping accelerate the Italian fashion house’s expansion plans.

Ermenegildo Zegna Group (NYSE:ZGN) rose 2.9% in pre-market trading after Singapore's Temasek said it's building a 10% stake in the Italian fashion company. Upon closing, Temasek will hold, in total, ...

Singapore's state investment firm Temasek will increase its stake in Ermenegildo Zegna Group ZGN.N to 10%, the companies said ...