CVC and GBL launch 10.7 bln euro full takeover offer for Italy's Recordati

Recordati Industria Chimica E Farmaceutica SpA

22/05/2026 06:27

ROME, May 22 (Reuters) - Private equity firm CVC Capital Partners CVC.AS and Belgian investment group GBL GBLB.BR have launched a 10.7 billion euro ($12.43 billion) full voluntary cash bid on Italian pharma group Recordati RECI.MI , a statement said on Friday.

The offer is aimed at delisting the company.

($1 = 0.8610 euros)

 (Reporting by Giulia Segreti in Rome, editing by Alvise Armellini)

 ((Giulia.Segreti@tr.com; +39.06.80307714;))