Ovs binding agreement with Goldenpoint, towards acquisition. Ovs is already one of the most important players in the underwear segment in Italy, with a market share of 7.4%.
With Goldenpoint this "position will be significantly strengthened", it is written in a note. The agreement provides for an initial investment of 3 million euros intended to subscribe to a convertible bond loan and to acquire 3% of the share capital. By 31 July 2025, Ovs will have the right to increase to 51% by converting the loan and exercising a share purchase option against the payment of a predetermined price.