Polegato’s LIR Doesn’t Rule Out Acquisitions, CEO Tells Il Sole

Mario Moretti Polegato’s financial holding company LIR Srl may consider making acquisitions in the near future, Il Sole 24 Ore reported, citing Chief Executive Officer Maurizio D’Angelo.

While there isn’t a dossier on the table, the company’s liquidity allows it to be ready should growth opportunities arise, D’Angelo was cited as saying by Il Sole.

LIR owns 71 percent of Geox SpA (GEO), the Italian shoemaker founded by Polegato.

To contact the reporter on this story: Francesca Cinelli in Milan at fcinelli@bloomberg.net.

To contact the editor responsible for this story: James Ludden at jludden@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.