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Tuesday, January 31, 2012

The Benetton family studies to exclude it from the Stock market


The Edizione Holding S. p. A., the holding company that represents the interests of the Benetton family as the main shareholders in the textile company that takes its name, studies to launch public offer for the shares that it doesn’t have with final aim to exclude it from the the Milan stock exchange.The Benetton cotization remains suspended from the exchange session, when it was raising 9.28%, and will not return to negotiate in the Milan stock exchange till the morning session, expectating more information from the shareholder of reference. In relation to the behavior of the ordinary actions of the Benetton Group, Edizione, as the control-hold shareholder, informs that at the moment it studies to send a public supply of acquisition on the actions of the company that it does not own with the aim of excluding it from negotiation”, it indicated the familiar holding company, that it will announce his decision on this east question Wednesday. Diverse information appeared in Italia aimed that the reason for the euphoria in the quote of Benetton was explained by the presumed interest of the Spanish Inditex in acquiring the transalpine company.On the other hand, the Benetton Group presented its provisional results of 2011, that reflect a fall of the 1.1% of the sales, up to 2,031 million of Euros, whereas the net benefit slightly went superior to 70 million of Euros.



INDITEX GROUP: http://inditex.com/es

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