(Finance) – With reference to the voluntary public tender offer (OPA) totalitarian on the actions of Tod’san Italian luxury house listed on Euronext Milan, the bidder announced that it has purchased 83,720 shares in today’s session at a weighted average price of 43 euros. The transactions were carried out through JP Morgan Securities, it said in a statement.
It is specified that the purchase transactions were carried out at a unit price per Tod’s share not exceeding 43 eurosi.e. the consideration offered for each Tod’s share in the context of the takeover bid.
Following the purchases made today, L Catterton holds a total of 1,576,930 Tod’s shares, representing the 4.7651% of the capital Tod’s club.
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