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Grinta completes full divestment of Moncler shares
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Grinta completes full divestment of Moncler shares
Sep 22, 2024 10:51 PM

Sept 18 (Reuters) - Grinta, a shareholder of Italian

fashion group Moncler, has completed a secondary accelerated

bookbuilding (ABB) priced at 49.8 euros ($55.43) per share to

sell its residual stake in the company, a bookrunner said on

Wednesday.

In March, the Rivetti family, which also controls Grinta and

is linked to Carlo Rivetti, founder of the Stone Island brand,

sold its shares through an earlier ABB for 67 euros per share.

($1 = 0.8984 euros)

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