Tod’s dissolves agreement with LVMH after renouncing delisting

Tods dissolves agreement with LVMH after renouncing delisting

(Finance) – DI.VI. Diego Della Valle Finance, DeVa Finance and Delphine have mutually terminated the agreement subscribed on August 3, 2022 and concerning ordinary shares of Tod’san Italian luxury house listed on Euronext Milan.

The dissolution follows the non-fulfillment of the “threshold condition” of the tender offer and DeVa’s renunciation of pursuing the delisting through the merger by incorporation of Tod’s in the same.

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