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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.
Upon closing, Temasek will hold, in total, 26.8m shares, equal to 10% of Zegna's ( NYSE: ZGN) ordinary shares outstanding, having previously acquired 12.7m shares on the market, according to a ...
Singapore's state investment firm Temasek will increase its stake in Ermenegildo Zegna Group ZGN.N to 10%, the companies said ...
Singapore state investment company Temasek plans to raise its stake in Italian luxury fashion house Ermenegildo Zegna to up to 10%, two sources familiar with the matter said on Tuesday.