AGP Executive Report
Last update: a few seconds agoArmani’s Next Chapter: Giorgio Armani’s heirs favour a stock-market listing over selling the fashion house to a single industry buyer. Advisers value the group at €5 billion to €7 billion; an initial minority stake sale is expected by March 2027. Fiat Production Halt: Stellantis has extended the Fiat 500 stoppage at Turin’s Mirafiori plant through November 13, the fourth straight week without production. The company cites an electronic-parts shortage, while unions point to weak demand. Industrial Deals: Tata Motors and Iveco have begun joint operations, forming a global commercial-vehicle business. Separately, Fincantieri and Leonardo have agreed to strengthen their naval joint venture, Orizzonte Sistemi Navali. Economic Pulse: Italy’s retail sales rose 0.1% in September. The government is also preparing measures to reduce electricity costs.
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