Deals
Ray-Ban Tycoon Eyes Bigger Mediobanca Stake in Italy Bet
- Luxottica founder is looking to defend lender’s Italian roots
- Del Vecchio said in talks on approval to raise stake in bank
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Sixty years after Leonardo Del Vecchio left Milan as a humble metalworking apprentice, the eyewear tycoon is set to make his biggest splash yet in Italy’s business capital with a plan to boost his stake in Mediobanca SpA.