Ray-Ban heir Rocco Basilico rebuffed a €3.5 billion ($3.9 billion) offer for his 12.5% stake in Delfin Sarl, the family investment company behind EssilorLuxottica SA, people familiar with the matter said.

European digital wealth manager Moneyfarm has rejected a takeover approach from trading platform eToro Group Ltd, according to people familiar with the matter.

Italian infrastructure construction group Icop SpA may revise its takeover bid for Trevi SpA to beat out a rival proposal by Webuild SpA, its chief executive officer said.

Private equity firm Lone Star Funds is mulling its options for Evoca SpA, including a potential handover of the business to creditors or a sale of the debt-laden Italian coffee machine maker, people familiar with the matter said.

EssilorLuxottica SA, one of the best-rated blue chips in Europe, received a rare sell rating from broker Kepler Cheuvreux amid a stock-market rout that has seen the shares of the Ray-Ban maker lose 55% since November.

Banca Monte dei Paschi di Siena SpA pledged to keep pursuing its twin offers for Banco BPM SpA and Banca Generali SpA even if it gets bought by Intesa Sanpaolo SpA.

Twenty top lieutenants to EssilorLuxottica SA Chief Executive Officer Francesco Milleri came to their boss’s defense in an escalating war of words with Leonardo Maria Del Vecchio, a son of the founder who abruptly left a senior role at the eyewear company last month.

Italy’s Prysmian SpA agreed to buy electrical parts manufacturer Atkore Inc. in an all-cash deal, extending a US growth drive focused on the data-center buildout.

Italy’s Prysmian SpA has struck an all-cash deal to acquire electrical manufacturing company Atkore Inc.

Italy’s Prysmian is in advanced talks to acquire electrical manufacturing company Atkore Inc., people familiar with the matter said.

Prysmian SpA signed a deal worth as much €5.5 billion ($6.3 billion) to supply Koch Inc.’s Molex with optical cables for its data centers, tapping into the artificial-intelligence build-out.

Prime Minister Giorgia Meloni overcame government infighting to win lower house approval for an Italian electoral-reform bill that has been one of her top legislative priorities.

Banca Monte dei Paschi di Siena SpA Chief Executive Officer Luigi Lovaglio said he’s pleased with the competing proposals for his bank as they show the value created in its turnaround, and plans to assess all options in the interest of stakeholders.

Dolce & Gabbana is negotiating with lenders over the potential sale of real estate assets in Milan as part of an effort to raise liquidity and refinance debt, according to people familiar with the matter.

Bending Spoons, which acquires struggling software businesses, has filed for an initial public offering in New York, joining a string of European tech companies seeking US listings.

Italian cable maker Prysmian SpA is scouting the market for a potential acquisition of about $4 billion enterprise value, Chief Executive Officer Massimo Battaini said in an interview with Bloomberg TV on Tuesday.

Prada SpA reported first quarter sales that met expectations, weathering war in the Middle East that dragged on sales of the fashion group’s popular Miu Miu line.

Chiesi Farmaceutici SpA agreed to acquire US-listed KalVista Pharmaceuticals Inc. for about $1.9 billion in its biggest acquisition to date, expanding the Italian company’s rare immunology portfolio.

EssilorLuxottica SA reported a rise in first-quarter sales that disappointed investors, as a weaker dollar limited the gains from its AI-glasses partnership with Meta Platforms Inc.

Dolce & Gabbana appointed former Gucci boss Stefano Cantino as co-chief executive officer following the departure of co-founder Stefano Gabbana as chairman.