Delfin Shareholders Reject Buyout Offer
Four Delfin shareholders have rejected an offer from Leonardo Maria Del Vecchio to acquire their stakes. The move deepens a dispute among heirs over the investment vehicle holding major stakes in EssilorLuxottica and Generali.
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Four heirs to the Delfin holding company rejected a €22 billion ($24.62 billion) buyout offer from Leonardo Maria Del Vecchio on Monday morning. The rebuff deepens governance tensions within the investment vehicle of Italy's Del Vecchio family. The family firm holds a 32.4% stake in ESSILORLUXOTTICA, valued among broader financial holdings at €43 billion.
