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Armani stake sale process enters its midpoint, with LVMH among candidates

LVMH logoLVMH
Sig1.60Sen+0.90Env0.00Soc0.00Gov+0.20
L'Oréal logoL'Oréal
Sig1.55Sen+1.30Env0.00Soc0.00Gov+0.90
EssilorLuxottica logoEssilorLuxottica
Sig1.55Sen+1.20Env0.00Soc0.00Gov+0.85

Armani Group has formally begun the stake sale process one year after founder Giorgio Armani’s death. The first equity divestment tranche is expected to move within weeks under the roadmap in his will, which reaches its midpoint. LVMH, EssilorLuxottica and L’Oréal are named as possible buyers, though deadlines are not strictly binding and valuation could delay any deal.

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