Tod's enters trading and rises by 17.4% to 42.7 euros. The offer concerns 36% of the capital of Tod's at a price of 43 euros per share, with a premium of 17.59% which sets the value of the operation at 512 million euros.
In August 2022 the offer launched by Della Valle alone at the price of 40 € per share failed due to failure to reach the necessary membership threshold. But with the friendly takeover bid announced in these hours, even if the threshold is not reached, the farewell to the stock exchange will be possible.