Saras, Vitol’s mandatory takeover bid begins at 1.6 euros. Delisting objective

Saras Vitols mandatory takeover bid begins at 16 euros Delisting

(Finance) – Varas, which reports to Vitolannounces that the conditions for the mandatory takeover bid have been met Saras aimed at removing the company, which belonged to Moratti, from the Piazza Affari list.

The offer concerns shares equal to 54.520% of the capital, i.e. what is not yet in the hands of Vitol.

In fact, the group already has 45.48% of Saras.

The price of the takeover bid is equal to 1.6 euros per share.

(Photo: Piotr Trojanowski / 123RF)

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