Brief: KME To Sell Stake In Culti Milano To Emosia For EUR 19.16/SHR

KME SpA

22/12/2025 06:27

Dec 22 (Reuters) - KME Group SpA KME.MI, Berger International SAS:

SAID ON FRIDAY KME GROUP HAD ENTERED INTO SALE AGREEMENT WITH BERGER INTERNATIONAL, HOLDING OF EMOSIA GROUP, FOR ALL 2,338,750 SHARES HELD IN CULTI MILANO FOR EUR 19.16/SHR

TOTAL CONSIDERATION EUR 45.8 MLN, PRICE AGREED REPRESENTS PREMIUM OF 42.5% OVER DECEMBER 18 TRADING PRICE

MANAGEMENT TEAM OF CULTI TO REMAIN IN PLACE, ENSURING CONTINUITY OF OPERATIONS

CLOSING EXPECTED BY FEBRUARY 2026

UPON CLOSING, EMOSIA TO HOLD AROUND 77.15% OF CULTI, TO LAUNCH MANDATORY TAKEOVER BID FOR ALL REMAINING OUSTANDING SHARES WITH AIM OF DELISTING GROUP FROM EURONEXT GROWTH MILAN

 Further company coverage: KME.MI CULT.MI

 (Gdansk Newsroom)

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