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Greenvision is in auction and the title gains more than 25%

Ladurner, Igi and Finanziaria Trentina were forced into a takeover bid by Consob which took over a concerted action between the three shareholders – The Greenvision share gains more than 25% and the share exceeds 6 euros.

Greenvision is in auction and the title gains more than 25%

Consob closed the Greenvision Ambiente case. In purchasing shares in the industrial group specializing in the production of energy from renewable sources, the three partners Igi, Ladurner and Finanziaria Trentina, acted in concert. This is the reason why the Authority has forced the three groups to apublic purchase offer on Greenvision at 6,61 euro per share by 29 December. This was communicated by Greenvision itself which also added that it will appeal to the Lazio Regional Administrative Court for the annulment of the provision.

After the Consob announcement, a wave of purchases was unleashed on the Greenvision stock, which earn, around 15.00, 27,81% at 6,15 euros per share.

Dated July 7, 2010 Ladurner Finance bought 6,48%, bringing its stake to 27,45% of the capital of Greenvision. The same day Trentina finance company announced that it holds8,5% e Igi is the owner of approximately 5% of capital.

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