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Cdp, the Board of Directors next week to decide on the exchange

The extraordinary council will be convened next week and the outcome of Deloitte's expert opinion on the value of the exchange of the preferred shares held by the Guzzetti Foundations will be known: "From the statutory point of view, any solution is possible: it could theoretically be postponed", but it is unlikely.

Cdp, the Board of Directors next week to decide on the exchange

Next week will be convened a Extraordinary board of directors to know the expertise on the asset value of the company 70% owned by the Ministry of the Economy and 30% by the Foundations (with preferred shares). The evaluation is in the hands of the Deloitte advisors and it is fundamental for determining the conversion ratio of 30% of CDP's preferred capital held by the Foundations.

For the president of Acri, Giuseppe Guzzetti, however, the negotiation on the transformation of the shares held by the Foundations from preferred to ordinary has not yet taken a definitive path. “We are working on it and the reports are good and it is certainly feasible,” said the president, “. However, a postponement was made three years ago, so from a statutory point of view, any solution is possible: it could theoretically be postponed ". According to the agreements, it is envisaged that the file will be closed by 31 December. 

 

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