Brief: Gentili Mosconi Acquires Manifatture Tessili Bianchi Through Reserved Capital Increase At Price Of 4 EUR/Shr

Gentili Mosconi Spa

27/01/2025 06:52

Jan 27 (Reuters) - Gentili Mosconi SpA  GMN.MI :
    * ACQUIRES MANIFATTURE TESSILI BIANCHI THROUGH RESERVED
CAPITAL
INCREASE AT PRICE OF 4 EUR PER SHARE
    * DEAL PROVIDES FOR CONSIDERATION OF EUR 4 MILLION TO BE
PAID
ENTIRELY IN NEWLY ISSUED GENTILI MOSCONI SHARES
    * CLOSING OF TRANSACTION EXPECTED IN APRIL 2025
    * LUCA BIANCHI TO JOIN GENTILI MOSCONI BOARD, TO REMAIN CEO
OF
MANIFATTURE TESSILI BIANCHI

Further company coverage:  GMN.MI 

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