TVS Motor Acquires Italy's Engines Engineering to Establish Global Design Hub
TVS Motor Company, a leading global manufacturer of two- and three-wheelers, has agreed to acquire Italian automotive design and engineering firm Engines Engineering S.p.A. for approximately €5.05 million (Rs 52 crore). The acquisition involves purchasing 1,000,000 equity shares at €5.05 per share, representing 100% of Engines Engineering's equity share capital, subject to completion of...
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Brunello Cucinelli, the Italian luxury fashion house, has reported robust financial performance for the first nine months of 2025, with revenues reaching €1.02 billion, representing growth of 10.8% at current exchange rates and 11.3% at constant rates. The company's third-quarter results were particularly strong, with sales of €335.5 million showing 12% growth at current rates and 12.4% at...
