The Della Valle family, Tod's majority shareholder, along with L Catterton, a private equity firm backed by LVMH, is trying to take the Italian luxury shoemaker private for the second time in two years, Reuters reports.

L Catterton is offering to buy 36% of Tod's at €43 per share, with the aim of cutting management and listing costs and giving the firm "greater management and organisational flexibility, with faster decision-making." 

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