Published by Global Banking & Finance Review®
Posted on July 29, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleTemasek aims to raise its stake in Zegna to 10%, acquiring treasury shares and securing a board seat, enhancing its influence in the luxury fashion sector.
SINGAPORE (Reuters) -Singapore state investment company Temasek plans to raise its stake in Italian luxury fashion house Ermenegildo Zegna to up to 10%, two sources familiar with the matter said on Tuesday.
Temasek already owns just under 5% of Zegna and would acquire another 5% in treasury shares, one of the sources said.
The transaction will bring additional money to the company, the second source added, defining it "a purely financial deal".
Zegna currently has a market capitalisation of around $2.3 billion.
Temasek will get one non-executive seat in the fashion house's board of directors next year, the sources said, adding that an announcement is expected later in the day.
Temasek and Zegna declined to comment.
(Reporting by Yantoultra Ngui, Elisa Anzolin and Giulia Segreti, editing by Gianluca Semeraro and Louise Heavens)
Market capitalisation is the total market value of a company's outstanding shares, calculated by multiplying the share price by the total number of shares. It reflects the company's size and market value.
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted from assets.
Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. It involves balancing the interests of stakeholders and ensuring accountability.
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