Temasek acquires 10% stake in Italy’s Zegna Group for $220 million

Temasek acquires 10% stake in Italy’s Zegna Group for $220 millionTemasek has acquired a 10% stake in Italy’s Ermenegildo Zegna Group for $220 million. The move boosts Zegna’s international growth, with Temasek’s Nagi Hamiyeh joining the board as a non-executive director.