Rome (Italy) - 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. (Ansa)