Late Italian billionaire Giorgio Armani's heirs prefer stock market listing to sale
Billionaires Africa | 06.11.2026 09:15
The heirs of the late Italian billionaire Giorgio Armani prefer an eventual stock market listing of his fashion house to a sale to a large luxury group, and are leaning toward splitting the first 15% of the company among two or more buyers to keep that option open, Reuters reported on Thursday, citing two people familiar with the matter.
