Bloomberg News

Luxottica’s Del Vecchio Subscribes to UniCredit Stock Sale

January 24, 2012

Jan. 24 (Bloomberg) -- Leonardo Del Vecchio, chairman of Luxottica SpA, subscribed to UniCredit SpA’s rights offering, he told reporters in Milan today.

Del Vecchio, who subscribed to the rights for his 0.5 percent stake in the bank, hasn’t decided yet whether to increase his holding, according to comments reported by Italian news agencies including Radiocor. The remarks were confirmed by a spokesman.

To contact the reporter on this story: Armorel Kenna in Milan at akenna@bloomberg.net

To contact the editor responsible for this story: Dan Liefgreen at dliefgreen@bloomberg.net


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