share sale

Latest news and articles about share sale from NEX English

Giorgio Armani House Considers Selling 15% Stake Following Founder’s Will

The Giorgio Armani fashion house is contemplating the sale of 15% of its shares, to be divided among three buyers selected by the late designer Giorgio Armani. This decision follows his passing at the age of 91 last September.

Extend Detention of Former CEO in Financial Corruption Investigation

The Malaysian Anti-Corruption Commission has secured a court order to extend the detention of a former CEO and chairman amid suspicions related to a RM300 million share sale. Investigations suggest collusion with other board members.