The takeover bid is over. 86,7% of the shares have changed hands since September 2nd to last Friday: combined with a 4,4% previously held, they bring the French to 91,1%
Unieuro passes into the hands of the French: Fnac Darty of the Czech billionaire Kretinsky has exceeded 71% of the capital of the Italian group and therefore the minimum threshold for the OPA. Now the offeror can ask for the reopening of the terms scheduled between…
The aims of the Czech billionaire Daniel Kretinski, the first shareholder of Fnac Darty. Although the French say it is not a hostile takeover bid, there was no prior agreement with the Italians. Unieuro convenes an emergency board of directors. The fee may…
BBVA insists and tries again: the Basque institution launches a hostile takeover offer on Sabadell after the board of directors of the Spanish bank had rejected an initial proposal. With the acquisition by absorption, BBVA would become the second banking group by capitalization. Here you are…
The potential merger would be the largest in the mining sector in 10 years. Anglo American holds rich copper mines and 45% of De Beers, a diamond giant
The Bolognese group, led by CEO Cimbri and CEO Laterza, aims to simplify the corporate structure and shorten the control chain. The shareholdings in Bper and Popolare Sondrio are also involved
The Della Valles, after the 2022 flop, launched a new takeover bid together with LVMH with the aim of exiting the stock exchange. Offer price 43 euros per share
Interview with Marcello Messori, economist at Luiss and former economic adviser for the privatizations of the D'Alema government - "I manifested in good time my motivated dissent on the Telecom takeover bid which suffocated the main Italian telecommunications company with debts and which was…
Tim's Board of Directors is preparing to ask for a relaunch of the two offers for the Network but the road remains uphill if Vivendi does not come down to more lenient advice - What are the alternatives to selling the Network
Tip by Gianni Tamburi took over 51% of Investindesign which owns the majority of Ttalian Design and then launched the takeover bid on this second company which is worth 220 million but which will be worth 293 million if the offer goes through
The subscription period for Dufry's takeover bid on Autogrill starts on Friday 14 April. Once completed, there will be a delisting. Here's how the offer works
The board of directors confirmed the management powers to chairman Massolo ad interim. The extraordinary shareholders' meeting then authorized an intercompany financing transaction for a maximum amount of 8,225 billion euros which will serve to reduce financial charges
The cash portion represents approximately $1,3 billion in transaction value and a 121% premium. The maximum value of the acquisition with the potential exercise of the right would be $1,8 billion and would have a premium…
Eprcomunicazione makes its debut today in Piazza Affari, one of the last three freshmen of a year characterized however by delistings rather than debuts on the Italian Stock Exchange
There are many goodbyes in 2022, many of which are weighty. Piazza Affari in 2022 loses almost 50 billion in capitalization. From Atlantia to Exor, here's who left
The maximum total value in the event of participation by all holders of the shares will be equal to 128,596 million euro. Dea Capital, over the years, has substantially changed its business model
Atlantia's exit from Piazza Affari is expected in the coming weeks. Then the new appointments will have to be made. Andre Rogowski, CFO of Albertis, is among the most likely for the position of CEO
Tim Brasil saves the accounts of the group which improves revenues and EBITDA but is in the red by 2,7 billion due to tax adjustments - The Stock Exchange scrutinizes CDP's takeover bid
With Consob's approval, the last piece was also completed, takeover bid starting on 10 October - The total value of the offer is 19 billion - Here's everything you need to know
With the completion of the transaction scheduled for next year, Net Insurance will delist. Ibl Banca and the CEO have undertaken to adhere to the tender offer
Following the closing Femto Techonologie will have to launch a mandatory total takeover bid on the remaining shares at a price of 25 euros each - The rally on the stock market after the announcement
Cattolica Assicurazioni exits the Stock Exchange after Generali assumes full control of it, to which the residual shares of the Veneto-based company still outstanding have been transferred
The Della Valle takeover bid, acting in harmony with the French giant Lvmh, pleases the Stock Exchange - Milan still among the most effervescent lists today - The Nasdaq is also up sharply
The owner of Tod's, an ally of Lvmh, values the share at 40 euros against the current quotation of 33,42 euros - Tension for Pelosi's visit to Taiwan
12 euros per share for 100% control of Edf. The stock soars on the stock market and approaches the takeover bid price. Here is the French state's plan to nationalize the energy giant
Tim's new industrial plan is a courageous attempt to attack the real causes of the decline of the largest Italian telephone company with a radical transformation whose outcome will depend on its effective execution
The Twitter board prepares the defenses to prevent the takeover of Elon Musk who, however, warns: "I have a plan B". Wall Street is perplexed but the battle will come alive in the next few days.
The Benettons' takeover bid for Atlantia has wrong-footed Florentino Perez who had bet on the Italian company but is now having difficulty launching a counter-takeover bid - however, keep an eye out for Abertis on whom the Spanish manufacturer could attempt a comeback
Benetton's awaited takeover bid opens a poker game on Atlantia: who will respond to Florentino Perez? - Musk's totalitarian offer on Twitter is more turbulent - ECB does not run on rates but the euro falls against the dollar - Markets closed on Friday
After a promising start, the stock exchanges turn negative and Piazza Affari is among the worst despite Atlantia's boom on the hypothesis of a possible Florentino Perez takeover bid
A battle involving takeover bids hovers over Atlantia: on one side the funds Gip and Brookfield, flanked by Perez, on the other the Benettons with Blackstone – The stock soars over 10%
Tim and Generali always at the center of the Stock Exchange - The KKR takeover bid, which calls for due diligence, seems to vanish, while Consob says that there is no concert between Caltagirone and its partners
The American fund KKR responded to Tim saying it was still interested in acquiring 100% of the company's capital but on the condition that the delisting from the Stock Exchange first
The transactions guaranteed the funds of Cattolica Assicurazioni 9,7 million euros and 166 thousand euros - The buyer is the French group Inter Mutuelles Assistance
The Board of Directors Tim has mandated the chairman Rossi and the managing director Labriola to explore the potential offer of KKR to evaluate its "attractiveness and concreteness"
The time has come for Tim to uncover the cards on the Kkr dossier: today the Board of Directors decides whether or not to start examining the American proposal - Kairos (and Norges) attacks: "Open data rooms"
The Telecom Board of Directors will meet on Sunday 13 March and will have to decide whether or not to open negotiations with the Kkr. Cdp's prudence on the network issue
All the stock markets fall and in Piazza Affari the surge of Banco Bpm dominates the scene after rumors of a possible takeover bid coming from Unicredit - Oil companies are also racing
The market perceives that the takeover bid planned by the American fund KKR on Tim is moving away and the share slips abruptly in Piazza Affari - Progress in Generali's long list instead rewards the share of the Trieste company - All…
Agreement made between Tim and the former CEO Gubitosi who will therefore leave both the Board of Directors and the company - In his place, in one of the next board meetings, the new CEO of the telephone company Pietro Labriola will be appointed to which it will be…
The board of directors of the last Friulian bank has taken note of the offer proposed by Cassa di Risparmio di Bolzano but specifies that "the ongoing dialogue presupposed autonomy and independence of the two realities" - The fate of the takeover bid launched by Sparkasse on Civibank remains…
There are many obstacles ahead of KKR's takeover bid on Tim, but certainly not that of liquidity: all the major American banking giants, led by JP Morgan, are on KKR's side - To support a…
The takeover bid project imagined by the American fund KKR is making progress, but the pronouncements of the Committee of independent advisers of Tim and the Draghi government will be decisive
Salvatore Rossi assumes a large part of the powers of CEO and Pietro Labriola the operational ones of General Manager of Tim after the step back by Luigi Gubitosi to open the doors to the examination of the expression of interest of the KKR fund on the company…
The takeover bid project on Tim remains at the center of the financial scene and galvanizes the stock, because the market is betting on the relaunch of the American fund: the Board of Directors on Friday - Wall Street goes on vacation but the dollar doesn't stop -…
The French of Vivendi, Tim's first shareholders, reiterate that they are long-term investors and are not giving up on the takeover bid project of the KKR fund: as a result, the share of the telephone company, after yesterday's boom (+31%)…
The total takeover bid project by the KKR fund on Tim drives the stock crazy on the Stock Exchange which after the first day gains 30% amid record trading while the French shareholders of Vivendi consider the American offer "insufficient" and for now…
The battle over the telephone company is destined to shake the waters of the stock market and of Italian finance - A shower of dividends is also arriving for Piazza Affari
In an unexpected extraordinary meeting held today, Tim's board of directors took note of the proposal of the American fund KKR to launch a friendly takeover bid on 100% of the shares - How will the French of Vivendi, who are the first shareholder, respond?…
The legendary Warren Buffett, nicknamed the oracle of Omaha for his financial prowess, handed over his 6,9% of Cattolica shares to the takeover bid launched by Generali - It's a signal that encourages the Trieste-based company in the race to conquer the majority…
The Falck group exits and sells its entire share to an investment vehicle of JP Morgan. The title flies on the Stock Exchange and approaches the price of the goose. The delisting will follow
Leone's totalitarian public offer on Cattolica Assicurazioni started on 4 October - The price offered is 6,75 euro per share, speculation on Cattolica stock ceases - Here's everything you need to know
A billion-dollar war has begun in Norway for the conquest of the production of the highly prized salmon: SalMar and Nts are contending for control of Norway Royal Salmon, a company listed on the Stock Exchange that sells the delicious fish all over the world -…
Exceeding the 95% threshold allows the company promoting the takeover bid to purchase all Sicit shares still outstanding at the price of 16,80 euros each
Following the reopening of the bidding period on Monday, bids reached the minimum cap announced by CircularBidCo. Those who still hold shares have until Friday the 23rd to contribute them to the offer price
The subscription period reopens from 19 to 23 July, at the price of 16,8 euro per share - The bidder already has 88,26% of the share capital in his pocket
One more week to join the takeover bid. The delisting objective has been confirmed, which could take place via merger by incorporation if the 95% ceiling is not reached
Circular BidCo has revised the price of the offer with an increase of 8,7% compared to the initial consideration. So he hopes to overcome the resistance of minority shareholders
Changing of the guard by Credit Agricole at the top of Creval with Roberto Ghisellini becoming its new General Manager - It is another step towards the merger between Credit Agricole and Creval but the French bank is also committed to…
Since the beginning of the year, seven listed companies have been the subject of the tender offer - The offers of Generali on Cattolica and Asterion on Retelit stand out - But that may not be the end of it, given that in the next few months there could be offers of…
It begins on 7 June - The consideration of 15,45 euros for each share incorporates a premium on the average quotation prior to the announcement of the offer of 17,9% over six months and 25,8% over 12 months and expresses a implied equal…
Sparks in Piazza Affari for today's two major operations: Generali's total takeover bid which sends Cattolica Assicurazioni flying over 15% and Atlantia's green light for the sale of Autostrade to CDP and international funds
The Spanish fund has launched a tender offer of 2,85 euros per share aiming at the delisting of the Retelit share - The operation is conditioned by the Golden Power and the Government's judgment - The share soars above the tender price
Wing shot by Donnet who wants to end Cattolica's game with 100% control of the Veronese company - If the takeover bid goes through, Generali will withdraw Cattolica from the Stock Exchange where today the Veronese company's shares are flying -…
The takeover bid on Credito Valtellinese launched by Credit Agricole Italia closed today with a very high percentage of adhesions which is now paving the way for the change of board of directors, the merger between the two institutes and the delisting of the share from…
A few hours after the closing of the tender offer on Creval, Credit Agricole Italia has already raised more than two-thirds of the capital with subscriptions that exceed the magic threshold of 66,7% - This makes it possible to convene an extraordinary meeting to…
There are 24 hours to go before the takeover bid is concluded and the percentage of subscriptions reached will be fundamental in order to understand possible future scenarios
Crédit Agricole Italia puts 120 million more on the plate to overcome the resistance of shareholders - The price rises from 10,5 to 12,2 euros per share plus a 0,3% bonus if 90% of the capital is exceeded
The takeover bid by Crédit Agricole on Credito Valtellinese starts on Tuesday 30 March - The offer values Creval at 10,5 euros per share, a price that the board of directors of the Lombard institute defines as "inappropriate" - The French ask to postpone the appointment of the new boards…
A leap in shares that are struggling to make a price and then re-enter trading with a sharp rise - The operation is aimed at the delisting of the company - The bidder is controlled by Andrea Pignataro's Ion Capital
A recent Consob study argues that the Italian rules on takeover bids are used more for delisting than to increase the contestability of companies, but the real problem does not lie in the current regulation but in the nature of Italian capitalism, which…
Generali can increase up to 26,9% of Cattolica Assicurazioni by purchasing the shares subject to withdrawal without having to launch the tender offer: Consob established it on Christmas Eve
The takeover bid by Crédit Agricole Italia on Credito Valtellinese heats up, which defines it as "unexpected and not agreed": the continuous rise of the share on the Stock Exchange suggests the inevitability of a relaunch
Share gains almost 25% after the discount takeover bid for the new American property fails - The market believes in an improvement in the public offering
The wing move of the Bank led by Carlo Messina aims to launch the banking risk and increasingly consolidate the Italian leadership of Intesa Sanpaolo - The terms of the exchange with a premium of 27,6% on the values of…
Faced with the appetites raised by the London Stock Exchange, which will also include the Italian one, it is time for the new EU Commission to respond by completing the single capital market and promoting the construction of the European Stock Exchange
The stock, after being blocked in the opening auction, drops almost 15% - Cerved announces that the company has decided to abandon the takeover bid after rumors about it have caused the price to rise too much.
Despite the fact that the Cologno Monzese-based company has denied Bloomberg's indiscretion on a possible takeover bid on the Spanish subsidiary, Mediaset España continues to run (+9%) on the Ibex, while the Italian stock rises by 3,8%.
If ownership exceeds 90% of the capital, the free float will not be reinstated - The operation was shared to support the relaunch of the company and ensure its financial and capital strengthening
Edison acquired 71,32% of Zephyro through the subsidiary Fenice. The operation reached on the basis of the agreements stipulated on 28 May. The takeover bid price incorporates a premium of approximately 36,8% compared to the weighted average price of the last 12…
Two days ago the share price was 34 euros, today we have already reached 29, just one euro more than the price of the takeover bid that the American CVC fund will launch to acquire the controlling stake in the holding…
For years many Fiom-Cgil metalworkers have voted for Lega but the novelty is the vote of many Southern workers for the Five Stars who, after the recent waltz between Fico and Camusso, will try to conquer the CGIL both…
The largest US television operator aims to expand its presence in the British market. £12,5 per share is the initial offer, which surpasses that of Rupert Murdoch's Fox, whose deal was temporarily suspended by the Anitrust last January
After months of intense negotiations, a decisive turning point seems to have arrived: the Spanish government has approved the takeover bid on Abertis - Now we still have to overcome the obstacle of the counter-takeover bid by Acs/Hochtief
Detrex Corporation and Italmatch Chemicals Group jointly announce that they have entered into a definitive agreement and merger plan (“Merger Agreement”) pursuant to which a new subsidiary of Italmatch Chemicals will acquire Detrex for $27 per share in cash.
The merger of the two US companies would create a giant with a market capitalization of 200 billion dollars. The securities of the two parties have opposite returns over the past year. Since the beginning of the year Broadcom has gained 55%, Qualcomm has…
Since November 3, the shares of the Internet service provider have been suspended, after 2i Fiber now owns a total of 99,314% of the capital of MC-link.
The prospectus has been presented with the methods of the offer, imposed by Consob, which starts on 30 October and will end on 17 November. The price is 3 euros per share. What happens in case of failure.