(Il Sole 24 Ore Radiocor) - London, 18 Sep - In European stock market dealings, shares of the Italian drinks group Campari sank 7.48% at 6.98 euros, leading the losses on the FTSE MIB index, following the surprise announcement that CEO Matteo Fantacchiotti was stepping down with immediate effect after only a few months in the position.

Also in Milan, shares of Moncler dipped 1.82% at 49.64 euros, the day after Carlo Rivetti, the founder of Italian menswear group Stone Island, sold his remaining 0.8% stake in the Italian luxury down jacket manufacturer. Stone Island was acquired by Moncler in December 2020. Shares in Poste Italiane slipped 3.00% at 12.29 euros on speculation that the Italian government could sell a 14% stake in the postal and financial services company in the autumn.

Yesterday, the cabinet approved plans to sell a stake in Poste as long as the government maintains a stake above 50%.

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(RADIOCOR) 18-09-24 18:34:47 (0619) 5 NNNN