Reuters
22 May 2026, 05:41 UTC · 13h ago
Source · https://www.reuters.com/business/cvc-gbl-launch-107-bln-euro-full-takeover-offer-italys-recordati-2026-05-22/
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CVC Capital Partners and GBL have launched a 10.7 billion euro ($12.43 billion) full voluntary cash bid for Recordati. — A multi-billion dollar cash tender offer typically triggers a significant immediate price jump in the target company's shares toward the offer price.
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