Brief: Vitol Owns 45.48% Of Saras Share Capital After Buying Stake From Moratti Family

Saras SpA

18/06/2024 12:30

June 18 (Reuters) - Saras SpA  SRS.MI :
    * VITOL OWNS 45.48% OF SHARE CAPITAL AFTER BUYING STAKE FROM
MORATTI FAMILY
    * VITOL VEHICLE VARAS TO PROMOTE TAKEOVER BID FOR REMAINING
STAKE
IN SARAS
    * BOARD MEMBERS ANGELO, ANGELOMARIO, GABRIELE, GIOVANNI
MORATTI
RESIGN FOLLOWING CLOSING OF OPERATION
    * BOARD COOPTS THOMAS BAKER, CLIVE CHRISTISON, DAT DUONG,
CIPREA
SCOLARI, APPROVES APPOINTMENT OF FRANCO BALSAMO AS CEO


Further company coverage:  SRS.MI 

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