Juventus shares jump after Agnelli family rejects crypto giant Tether's bid

Juventus FC SpA

15/12/2025 08:16

Dec 15 (Reuters) - Shares in Juventus JUVE.MI surged more than 12% early on Monday, after Italy's Agnelli family on Saturday rejected crypto group Tether's surprise offer that valued the country's most successful soccer club at just over 1 billion euros ($1.17 billion).

The stock climbed to its highest level since November 25, outperforming the broader STOXX index, which was up 0.3%, after Exor, the Agnelli family's holding company, said it had no intention of selling any of its shares in the Turin-based Serie A club despite the bid implying a 21% premium to Friday's close.

($1 = 0.8527 euros)

(Reporting by Laura Contemori; Editing by Amanda Cooper)

((Laura.Contemori@thomsonreuters.com;))