(Alliance News) - Confinvest Spa on Monday resolved to appoint a committee for related-party transactions, which will remain in office until the expiration of the board of directors, that is, until the date of the shareholders' meeting called to approve the financial statements as of Dec. 31, 2025.

The committee will then be composed of independent directors Roberto Spada, who will be chairman, Alessandra Gavirati and Lorenzo Pellegrino.

Confinvest's stock is down 1.9 percent EUR1.86 per share.

By Chiara Bruschi, Alliance News reporter

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