Brief: NUO Octagon's Acquisition in Bialetti Cleared Under Italy's 'Golden Power'
04/06/2025 06:16
June 4 (Reuters) - Bialetti Industrie SpA BIA.MI on behalf of Nuo Octagon SpA, Bialetti Investimenti SpA, Bialetti Holding Srl: SAID ON TUESDAY ACQUISITION HAS BEEN REVIEWED UNDER ITALY'S "GOLDEN POWER" REGULATIONS ITALIAN GOVERNMENT HAS DETERMINED THAT TRANSACTION DOES NOT FALL UNDER THESE REGULATIONS, ALLOWING ACQUISITION TO PROCEED NUO OCTAGON IS SET TO ACQUIRE A 78.567% STAKE IN BIALETTI CLOSING EXPECTED IN FIRST PART OF JUNE 2025 Further company coverage: BIA.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))