Bialetti flies to Top from October 2023, in view of the sale and delisting switch | EUROtoday

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(Il Sole 24 Ore Radiocor) – The title of Bialetti flies to Piazza Affari which, after a delayed departure, began the raised exchanges of twenty-two.31% to 0.286 euros per share, after which contact a most of 0.299 euros (+23.55%), a stage that has not been seen from October 2023. To put the wings to the title the swirl of rumors and changes on the entry of latest traders within the Moka group and occasional machines. Over the weekend, rumors of the press had spoken of an involvement of Jakyval, a Luxembourg firm attributable to the Guerrand Hermes household, then the corporate adjusted the shot, making recognized that negotiations with new capital are underway for the sale of a majority participation and consequent delisting.

As Bialetti indicated in a word, “they are currently underway with the company of Luxembourg law new capital for the purchase, by the same and/or other investors or co-investigators and through one or more corporate vehicles, of a control participation in the share capital of Bialetti. This operation is aimed at carrying out the Bialett divestmentI, already announced at the market in recent months and provided for by the new renovation agreement, of which it constitutes a final fulfillment “.

As Bialetti nonetheless factors out, in contrast to what reported by a press article, the displacement of Bialetti wouldn’t be carried out within the context of a strategy of renovating the monetary debt of Bialetti Industrie. Also denied the figures reported by the mediain line with which the worth was set at 170 million euros: “It is specified in any case that the numerical indications reported are misleading and not representative of the hypothesized structure of the operation”. As the analysts of Intermonte level out, “Nuo Capital should take over from the current shareholders, Francesco Ranzoni who holds 50% and Sculptor Holding 19.5%.

There should be no opa because Bialetti Industrie is since 2018 under art. 182 bis of the bankruptcy law “. It ought to be mentioned that, as indicated by Bialetti,” albeit in an advanced phase, Negotiations are still in progress and concern different aspectseven relevant, of the operation. These include the price of sale and the amount of property strengthening “. Furthermore,” to date no binding agreement has been achieved and/or signed with new and/or other investors, nor no resolution in this sense was taken from the company’s board of directors “.