Temasek to raise stake in Italy's Ermenegildo Zegna to 10%

Temasek Holdings is increasing its stake in Italian luxury group, Ermenegildo Zegna, to 10% by purchasing 14.1 million treasury shares at $8.95 each.

Upon completion, Ermenegildo Zegna Group will receive a total cash consideration of $162.6m (US$126.4m).

Nagi Hamiyeh, head of EMEA of Temasek, is also expected to join Ermenegildo Zegna’s board of directors in June 2026.

The transaction is expected to close by 30 July 2025.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia