Della Valle launches a takeover bid for the delisting of Tod's. The offer at 43 euros - it is announced - provides that the majority shareholders will maintain control of the group.
L Catterton will become the indirect owner of 36% and Delphine, a minority shareholder, will receive 10%. Furthermore, the offer implies a premium of 17.59% on Friday's stock market price. Diego DellaValle says he is "very satisfied" with the announced operation of a total takeover bid.