The Limited Times

Now you can see non-English news...

Tod's, Della Valle does not reach the target of the takeover bid

2022-10-25T18:56:33.337Z


At the end of the adhesion period to the takeover bid launched by Deva Finance of the Della Valle family on Tod's shares on the market (25.5% of the capital), the requests for adhesion are not sufficient to reach the condition of being able to go up at least to .. . (ANSA)


(ANSA) - ROME, OCTOBER 25 - At the end of the adhesion period to the takeover bid launched by Deva Finance of the Della Valles family on the Tod's market shares (25.5% of the capital), the requests for adhesion are not sufficient to reach the condition of being able to rise to at least 90% of the share capital (also considering the 10% stake that LVMH through Delphine, in agreement with Della Valle, intends to maintain).


   Subscriptions to the takeover bid amounted to 48.9% of the shares covered by the offer.

From here it can be calculated that the shares of Della Valle and Lvmh would bring about 87% of the capital.

(HANDLE).


Source: ansa

All life articles on 2022-10-25

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.