(Finance) – The board of directors of Tod’san Italian luxury house listed on Euronext Milan, has the issuer’s press release approved on the public takeover offer (OPA) voluntary promoted by Crown BidCo on all the shares.
The Board of Directors, also on the basis of the content of the fairness opinion (issued by Goldman Sachs and Vitale & Co) and the opinion of the independent directors, unanimously voted considered the consideration to be appropriate from a financial point of view of 43 euros per share of the issuer which will be tendered in acceptance of the offer.
Tod’s, Board of Directors considers appropriate tender offer consideration
