Respighi BidCo's Recordati offer clears 66.67% acceptance threshold

Bitget2026/10/23 19:36

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Respighi BidCo's offer for Recordati reached a provisional 74.58% combined stake with CVC and GBL, exceeding the 66.67% minimum threshold.
Tendered shares totaled 129,976,365, representing 62.15% of capital, worth EUR 6.89 billion at EUR 53 per share, including dividends.
Initial settlement is scheduled for November 2, 2026, subject to satisfaction or waiver of the remaining offer conditions.
The offer will reopen November 3–6 and November 9, with settlement on November 17, subject to completion of the initial offer.
Respighi BidCo plans to delist the target, using a merger if its final stake remains below 90%, subject to corporate approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recordati Industria Chimica e Farmaceutica S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 216_173001_2026_oneinfo.pdf), on October 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Respighi BidCo's Recordati offer clears 66.67% acceptance threshold

You may also like

Crypto prices