Bulgari Isn't for Sale, Chief Executive Trapani Tells Corriere Della Sera

Bulgari SpA, the world’s third- largest jeweler, isn’t for sale, and doesn’t plan to make acquisitions, Chief Executive Officer Francesco Trapani told Corriere della Sera in an interview.

The family is “completely resistant” to the possibility of a sale, Trapani said in the interview with the weekly business supplement of the Italian newspaper. Trapani is the nephew of Chairman Paolo Bulgari, grandson of the company’s founder. The Bulgari brothers, Paolo and Nicola, along with Trapani, own about 51 percent of the company.

To contact the reporter on this story: Armorel Kenna in Milan at akenna@bloomberg.net

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