Don't need to sell anything says Tod's chairman Della Valle. Earlier this month he and his brother Andrea announced that they were launching an operation to delist the luxury leather goods company.

The offer of 43 euros per share is the second attempt to take the company private in under two years in a transaction valuing it at around 1.4 billion euros. ALL RIGHTS RESERVED © Copyright ANSA. All rights reserved. To see the full interview on ANSA click here.