Temasek will invest $126.4 million in Ermenegildo Zegna Group by acquiring 14.1 million treasury shares at $8.95 each, raising its total stake to 10 per cent. The deal boosts Zegna’s balance sheet and supports global organic growth, with a focus on underdeveloped regions. Temasek’s luxury sector experience and Asian market knowledge will aid Zegna’s strategic expansion.
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