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Prelios, the rally on the stock market continues

New leap for the shares of the real estate company – The stock is driven by the confirmation of an interest by the Merloni-Caputi consortium and by Fortress.

Prelios, the rally on the stock market continues

In Piazza Affari the rally of Prelios shares continues, gaining at the end of the morning over 12 points. Exchanges are very lively, already equal to almost three times the average of an entire session. A drag the title is the confirmation of an interest by the consortium Merloni-Caputi and by Fortress, which could participate in the restructuring of the real estate company. 

Shares jumped more than 22% on Friday, driven by anticipation of tender offers. The following day – at the request of Consob – Prelios confirmed in a note that in July it had received “some preliminary expressions of interest in relation to possible extraordinary operations by Italian (Merloni-Caputi) and foreign (Fortress) investors”.

Following the discussions that had begun, the two parties confirmed, with a letter sent on Friday 24 August, their interest in completing the due diligence and in continuing the activities aimed at defining the conditions for being able to formulate a binding offer.

The "expressions of interest" will be discussed during the next meeting of the Prelios Board of Directorsscheduled for August 28.

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