CVC raises Recordati stake to 11.97% amid Respighi BidCo offer
Bitget2026/10/28 19:33- CVC Investor, acting in concert with Respighi BidCo, purchased 691,106 Recordati ordinary shares on October 28, 2026, representing approximately 0.33%.
- Purchase prices ranged from EUR 52.88 to EUR 53, not exceeding Respighi BidCo's EUR 53-per-share offer price.
- The purchases brought CVC Investor's holding to 25,034,701 shares, or approximately 11.97% of share capital.
- Black Mountain, also acting in concert with the bidder, held 6,800,946 shares, representing approximately 3.25%.
- Fellow concert party Rossini held 97,912,463 shares, representing approximately 46.82%, all tendered into the offer.
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.
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