Amber owns nearly 10 pct of Italy's Caltagirone Editore - source

Caltagirone Editore SpA

11/09/2017 18:04

MILAN, Sept 11 (Reuters) - Investment fund Amber Capital 
raised its stake in Italy's Caltagirone Editore  CED.MI  at the 
end of August and now owns nearly 10 percent of the publisher, a 
source close to the matter said on Monday. 
    Amber Capital held 5.5 percent in the Rome-based group as of 
August 24, Italian market watchdog said on Sept. 1. 
    Chiara Finanziaria launched a takeover bid on Caltagirone 
Editore at 1 euro per share with the aim of de-listing the 
publisher.  
    On Friday it increased the bid price to 1.22 euros and 
extended the takeover bid to Sept 18.  urn:newsml:reuters.com:*:nI6N1KQ023 
    Shares in Caltagirone Editore rose 4.03 percent on Monday to 
1.342 euros, above the revised bid price. 
 
 (Reporting by Elisa Anzolin; editing by Luca Trogni) 
 ((francesca.landini@thomsonreuters.com; +39 02 66129437; 
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net)) 
 
Keywords: CALTAGIRONE EDIT BID/AMBER