Del Vecchio’s close aide takes reins of business empire
Recasts, adds particulars
MILAN, July 4 (Reuters) – Leonardo del Vecchio’s close aide Francesco Milleri on Monday took the reins of the fiscal company holding 27 billion euros ($28 billion) in property still left at the rear of by the Italian eyewear billionaire who died past week.
Del Vecchio’s keeping enterprise Delfin reported in a assertion it experienced appointed Milleri, who is the CEO and chairman of eyewear large EssilorLuxottica ESLX.PA, as chairman.
Delfin additional that Main Govt Romolo Bardin, another Del Vecchio lieutenant, would continue on in his function.
Delfin’s principal asset is a 32% stake in EssilorLuxottica, value much more than 20 billion euros.
The Luxembourg-dependent company is also the single biggest shareholder in Milanese merchant lender Mediobanca with 19.4% and the 2nd-greatest trader in Italian insurance provider Generali GASI.MI with 9.8%.
It owns a 27% stake in Paris-mentioned Covivio CVO.PA and is a lengthy-time trader in bank UniCredit CRDI.MI with a 2% stake.
($1 = .9591 euros)
(Reporting by Claudia Cristoferi, creating by Giulia Segreti enhancing by Valentina Za)
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