Lotto’s holding company is in rough legal waters
Surprisingly, an Italian court has accepted a request to place in bankruptcy proceedings Futura 5760, a holding company that indirectly controls Lotto Sport Italia. Futura, which is controlled by Andrea Tomat, president and chief executive of Lotto, owns 27 percent of Lotto’s shares and 70 percent of Next B, which ...
Already an SGI Europe subscriber? Sign in here
It’s time to get you onboard. Subscribe today!
- Insights you won’t find anywhere else about sporting goods brands and retailers and the sporting goods market
- Highly trusted business information you can rely on to make important decisions
- Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
To continue reading this article Register Now. If you are interested in a Team or Corporate subscription, click here to find out more