IOB - Delayed Quote EUR

Piaggio & C. SpA (0FM1.IL)

2.1680

-0.0160

(-0.73%)

At close: January 31 at 3:54:00 PM GMT

Tod's founder Diego Della Valle splits Piaggio stake with brother Andrea

Diego Della Valle & C Srl, the holding company of the founder of luxury shoemaker Tod's, has transferred its stake in Piaggio to brothers Diego and Andrea Della Valle, a spokesperson for the Vespa maker said on Tuesday. Earlier in the day a filing released by Italy's watchdog CONSOB showed that Diego Della Valle's 5.5% stake in Piaggio was cut to zero on Dec. 12. Diego Della Valle Srl notified Piaggio and CONSOB of the new distribution of the stake in Piaggio, which was previously held by the holding company, the spokesperson said.

Reuters last month

PIA.MI
Italian Vespa maker Piaggio launches AI-driven factory robot

The Italian company said it would use the robot on the production lines of its motorbike brand Moto Guzzi in Italy, and later in other factories in Italy, India, Vietnam and Indonesia. The device, named "kilo" and developed by the group's U.S. robotic mobility unit Piaggio Fast Forward (PFF), can follow its operator, move on up to 100 pre-recorded routes or move autonomously, Piaggio said.

Reuters 10 months ago

PIA.MI

Performance Overview

Return	0FM1.IL	FTSE MIB Index
YTD	-0.37%	+6.69%
1-Year	-24.05%	+19.10%
3-Year	-6.86%	+37.29%