We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Tod`s Spa | BIT:TOD | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jan 2020 to Jan 2025
By Joshua Kirby
LVMH Moet Hennessy Louis Vuitton SE has increased its stake in Tod's SpA to 10%, the Italian shoe maker said late Thursday.
The French luxury-goods group's subsidiary Delphine SAS agreed with Tod's Chairman Diego Della Valle to buy 2.25 million shares in the company at a price of 33.10 euros ($39.78) a share, Tod's said. The shares represent 6.8% of Tod's share capital and add to LVMH's existing 3.2% stake.
The transaction will take place on April 28. Following the sale, LVMH will own 10% of Tod's, while Mr. Della Valle's direct and indirect stake will amount to 63.64%, Tod's said.
In a release, Mr. Della Valle and LVMH founder and controlling stakeholder Bernard Arnault both noted the friendship between their two families.
"This may represent an excellent reason to consider further opportunities to be taken in the future ahead," Mr. Della Valle said.
Write to Joshua Kirby at joshua.kirby@dowjones.com; @joshualeokirby
(END) Dow Jones Newswires
April 23, 2021 01:34 ET (05:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Tod`s Chart |
1 Month Tod`s Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
