Brief: Health Italia's Top Shareholders To Transfer 47.76% To Club Deal, To Launch Takeover Bid

Health Italia SpA

22/05/2025 06:35

May 22 (Reuters) - Health Italia SpA HIA.MI on behalf of Sorgiva Holding SpA, Pfh Srl, Giovanni Giuliani, Stefano Pellegrino:

SAID ON WEDNESDAY SORGIVA HOLDING, PFH, MUTUA MBA, GIOVANNI GIULIANI, STEFANO PELLEGRINO HAVE AGREED TO TRANSFER 47.76% OF HEALTH ITALIA'S CAPITAL TO A CLUB DEAL

SALE INCLUDES 34.18% FROM SORGIVA AND PFH AT €300 PER SHARE, TOTALLING €19,461,900

MBA WILL ALSO TRANSFER 13.58% OF SHARES AT THE SAME VALUATION

FOLLOWING ACQUISITION, THE CLUB DEAL WILL HOLD A MAJORITY OF HEALTH ITALIA AND LAUNCH A MANDATORY PUBLIC OFFER FOR THE REMAINING SHARES AT THE SAME PRICE PER SHARE

CLUB DEAL PLANS TO RAISE AT LEAST €29 MLN IN CAPITAL, SECURE A TAILORED CREDIT LINE TO FINANCE THE ACQUISITION

TRANSACTION IS EXPECTED TO BE COMPLETED BY JULY 2025

DEPENDING ON TAKEOVER BID OUTCOME, HEALTH ITALIA MAY MERGE WITH ACQUIRING ENTITY, POSSIBLY DELIST IT

 Further company coverage: HIA.MI

 (Gdansk Newsroom)

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