Bialetti passes under the control of the Nuo group through Octagon BidCo, which will launch a takeover bid to exit Piazza Affari. The board of directors has been renewed and debt has been reduced
The closing is expected by the end of June 2025. Subsequently, the takeover bid for delisting from the Milan Stock Exchange will be launched. All the details of the sale
Bialetti closes 2024 with growing revenues (+5,9%) and an improving net loss (-1,11 million), but remains burdened by debt. The possible agreement with Nuo Capital could bring fresh resources, reduce debt and pave the way for delisting
Bialetti has started exclusive negotiations with the Luxembourg fund controlled by Chinese magnate Stephen Cheng for the sale of the majority and the consequent delisting. The involvement of Exor (Elkann) and the Hermès family has been denied
Bialetti, the company's statements regarding bond loans and turnover data
The company does not have enough liquidity to repay the loans and potential buyers (Chinese first and foremost) are just waiting for the degradation to come to an end before coming forward.
The famous moka company is on the brink of bankruptcy: to relaunch it, 150-200 million would be needed, but time is running out and Thursday 28 November is just around the corner
On December 29, the company had signed a new debt restructuring agreement with the creditor banks, also announcing a capital increase of 14,2 million euros.
After the 25,31% increase on 7 February this morning, the company confirms its very high percentages: 19,44% and 100% progress in just one week - The decision to postpone a capital increase that had as deadline…
The wave of purchases on the Bialetti stock was triggered by the company's decision to postpone the 15 million euro capital increase (decided in 2012) until this year, which initially had the end of 2013 as its deadline.
If the markets were to stabilize after Draghi's intervention and Bernanke's bazooka, several companies could take the opportunity to launch the capital increases launched in recent months - Here are the next deals on Piazza Affari: from Bialetti to Dmail,…