The AS Roma collapses on the stock exchange on fears that the takeover bid that the Friedkin group will have to launch on the floating club of the Giallorossi may be at a discount compared to the prices of Piazza Affari. The stock, currently in volatility auction, sold 18.7% to 0.445 euros. Friedkin has set a price of 0.1165 euros for the purchase of James Pallotta's shares. The price of the mandatory tender offer, which has not yet been announced, will not be able to fall below this value, very far from the prices at which the security deals close to the agreement.
As Roma: collapses on the stock market (-19%) on fears of takeover bids
2020-08-07T13:55:55.480Z
The AS Roma collapses on the stock exchange on fears that the takeover bid that the Friedkin group will have to launch on the floating club of the Giallorossi may be at a discount compared to the prices of Piazza Affari. The stock, currently in volatility auction, sold 18.7% to 0.445 euros. (HANDLE)