Brief: Tamburi Launches All-Cash Offer On 100% of TIPO

Tamburi Investment Partners

24/02/2021 07:40

FEB 24 (Reuters) - Tamburi Investments Partners SpA
 TIP.MI :  
    * SAID ON TUESDAY IT HAD LAUNCHED ALL-CASH OFFER ON 100%
SHARES OF
TIP PRE-IPO (TIPO), OF WHICH ALREADY OWNS 29.9%, FOR UP TO EUR
134.5 MLN 
    * TIPO IS A CLUB DEAL OWNING DIRECTLY AND INDIRECTLY 21.97%
OF
BETA UTENSILI, 20% OF CHIORINO
    * EXPECTS TO COMPLETE TRANSACTION BY APRIL 30

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA1btHjn
    
 Further company coverage:  TIP.MI  
   
    
    

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))