Morattis confirm contacts with Vitol on Saras, says details wrong
09/02/2024 11:14
MILAN, Feb 9 (Reuters) - Italy's Moratti family, which
has a controlling stake in oil refiner Saras SRS.MI , confirmed
on Friday contacts with commodity trader Vitol, warning however
that details of a press report on the discussions were
incorrect.
The Morattis will consider possible initiatives to protect
their interests and those of Saras, they said in a statement.
Italian newspaper MF reported that the commodity trader had
offered to buy the family's 40% stake in Saras at 2.20 euros per
share - a 32.4% premium to Thursday's closing price of 1.662
euros.
(Reporting by Francesca Landini; Editing by Valentina Za)
((francesca.landini@thomsonreuters.com; +39 02 66129437;
Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))