Business
Prada and Ermenegildo Zegna buy Filati Biagioli Modesto S.p.A.
The Prada Group and Ermenegildo Zegna Group have acquired a majority shareholding in Italian company Filati Biagioli Modesto S.p.A., which specialises in cashmere and other precious yarns. In a statement, the two companies said that they have each acquired a 40 percent shareholding in Filati Biagioli Modesto S.p.A., which is based in Montale...
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