(Alliance News) - Piovan Spa on Thursday announced that it has completed the acquisition of 1.0 percent of the share capital of Nu-Vu Conair Private Limited.

As a result of the transaction, therefore, the Piovan Group has collectively achieved a 51 percent stake in Nu-Vu.

Piovan trades in the green by 0.2 percent at EUR9.90 per share.

By Claudia Cavaliere, Alliance News reporter

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