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Lauro61, appeal to Tar against Consob proceeding

The offer of the newco was launched in August at 0,8 euro per share, a price that Consob intends to raise – The Commission has also decided to extend the tender offer deadline to 27 September.

Lauro61, appeal to Tar against Consob proceeding

Lauro61 will appeal to the Lazio Tar against the Consob decision to start a procedure to increase the price of the takeover bid on Camfin ordinary shares. 

The offer of the newco (participated by Marco Tronchetti Provera, the Clessidra fund, Unicredit and Intesa Sanpaolo) was launched in August at a price of 0,8 euro per share. Consob has decided to extend the tender offer deadline to 27 September.

Lauro61 also expressed his disappointment at the communication of the proceeding on open markets (despite the share gaining 8% yesterday…) and in the absence of any indication of the reasons.

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