Blackrock, a major asset management firm, has raised its stake in Moncler from 4.794 percent to 5.016 percent. The company's president, Remo Ruffini, is still the major shareholder with a stake of 26.75 percent. Another major shareholder is Morgan Stanley with about 3 percent of the shares. As of last Friday, the marketing capitalization of the Italian outdoor fashion company amounted to €8.89 billion.
Related articles
-
ArticleAccell Group secures creditor support for recapitalization
The company’s creditors approved the restructuring plan, paving the way for recapitalization implementation.
-
News briefsNewell Brands prices $1.25bn in notes to refinance debt and extend maturity profile
The parent of Marmot, Coleman, Contigo and Campingaz has announced $1.25 billion in new notes to refinance existing debt, supporting longer-term financial flexibility.
-
News briefsSyre to launch textile recycling plant in the US
The textile impact company and Selenis partner to open a North Carolina plant to advance textile-to-textile recycling.