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Saras towards the takeover price, the stock market is not afraid of golden power - Last minute

2024-02-12T14:23:54.873Z

Highlights: Saras towards the takeover price, the stock market is not afraid of golden power - Last minute. Saras is close to the price offered by Vitol for the Moratti family's share, demonstrating the confidence that the stock exchange expresses in the operation. "Even if the Sarroch refinery in Sardinia represents a strategic asset for Italy, we expect the operation to get the green light", comment the Intermonte analysts, who suggest, in the event of a takeover bid, to withdraw their own shares.


Saras is close to the price offered by Vitol for the Moratti family's share, demonstrating the confidence that the stock exchange expresses in the fact that the operation can pass the golden power scrutiny and can lead to the launch of a public takeover bid. (HANDLE)


Saras is close to the price offered by Vitol for the Moratti family's share, demonstrating the confidence that the stock exchange expresses in the fact that the operation can overcome the golden power scrutiny and that it can lead to the launch of a public takeover offer.

In fact, the stock trades at 1.72 euros (-4.2%) close to the 1.75 euros offered by Vitol.


    "Even if the Sarroch refinery in Sardinia represents a strategic asset for Italy, we expect the operation to get the green light", comment the Intermonte analysts, who suggest, in the event of a takeover bid, to withdraw their own shares.

"We believe that participation in the takeover bid could be quite high, given the condition of control of the company and the desire to merge it for delisting" states Equita, who recalls that the operation is "subject to regulatory authorizations such as those of the EU on foreign subsidies, 'antitrust and the golden power regulation'.


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