Brief: ICoP Launches Takeover Bid For Trevi Finanziaria's Industriale Aimed At Delisting
BRIEF-ICoP Launches Takeover Bid For Trevi Finanziaria's Industriale Aimed At Delisting June 29 (Reuters) - ICoP SpA SB ICOP.MI:
SAID ON SUNDAY IT HAS LAUNCHED TAKEOVER BID FOR TOTALITY OF TREVI FINANZIARIA INDUSTRIALE'S SHARE CAPITAL
OPERATION AIMED AT DELISTING TREVI FROM EURONEXT MILAN
INTEGRATED GROUP WOULD REACH ON A 2025 PRO-FORMA BASIS REVENUE OVER €1 BLN, COMBINED BACKLOG OVER €2 BLN
OFFER RATIO SET AT 0.133 NEWLY ISSUED ICOP ORDINARY SHARES FOR EACH TREVI SHARE, VALUING TREVI AT €4.16 PER SHARE
IMPLIED PRICE REPRESENTS 20.1% PREMIUM FROM TREVI'S CLOSING SHARE PRICE ON FRIDAY JUNE 26, 2026
CLOSING EXPECTED IN H2 2026
Further company coverage: ICOP.MI,TFI.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on ICOP Societa Benefit
See all newsBrief: ICOP Lower Threshold Condition In Trevi Bid To 55% Of Voting Rights In Company
Trevi says Webuild's sweetened bid is at low end of fair value range
Italy - Factors to watch on October 7
Brief: ICOP Files Complaint With Market Watchdog Consob Regarding Webuild's Communications Regarding Trevi Offer
Trevi shares rise after Webuild sweetens takeover offer