Giovanni Recordati, chairman and
chief executive of the eponymous Italian drugs giant, died
Tuesday aged 66 after a long illness.
The news come as sources said the family-owned group was
sounding out potential market interest. Recordati has repeatedly
denied it could be up for sale.
Recordati, whose chief operating officer is Giovanni's
step-brother Andrea, said its board would meet later in the day
to discuss new appointments.
Giovanni Recordati had been in charge of the firm since his
father Arrigo's death in 1999.
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