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Italian fashion house Ermenegildo Zegna is listing its shares via a €2.7 billion deal with a blank-check company,  tapping investor cash while keeping the founding family in control.

Ermenegildo Zegna is listing its shares via a $3.2 billion (€2.7 billion) deal with a blank-cheque company, letting the Italian fashion house join oth(...)

Vivendi plans to list and spin-off 60 per cent of Universal Music to shareholders, cashing  in on the streaming boom and the lure of stars such as Taylor Swift. Photograph:  Valerie Macon/AFP via Getty Images

Billionaire investor Bill Ackman will buy up to 10 per cent of Vivendi’s Universal Music Group through his main hedge fund, rather than a special purp(...)