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Almaviva S.p.A. Increases Stake in Almawave S.p.A. Through Share Purchase Offer

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Almaviva S.p.A. Increases Stake in Almawave S.p.A. Through Share Purchase Offer

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Almawave S.p.A. ( (IT:AIW) ) just unveiled an announcement.

Almawave S.p.A. is involved in a voluntary total public purchase offer for its shares, promoted by Almaviva S.p.A. Almaviva has acquired 7,190 ordinary shares of Almawave, representing 0.02% of its share capital, at a price not exceeding 4.30 euros per share. This acquisition increases Almaviva’s total holdings to 78.60% of Almawave’s share capital. The offer is exclusively promoted in Italy, and Almaviva may purchase additional shares outside the offer, adhering to applicable regulations.

The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.

More about Almawave S.p.A.

Average Trading Volume: 60,967

Technical Sentiment Signal: Buy

Current Market Cap: €128.6M

See more data about AIW stock on TipRanks’ Stock Analysis page.

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