Press release

IFIL - IFIL’s holding in Eurofind, the company which controls La Rinascente, climbs back to 50%January 16, 2004

The IFIL Group, under the agreements signed on October 15, 2002, exercised its right to purchase 9.53% of the share capital of Eurofind, the company which controls La Rinascente, from Mediobanca.

Following this transaction, which involves an investment of some € 116 million, the IFIL Group will control 50% of Eurofind’s capital.

 

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