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Automation Systems S.p.A. Temporarily Suspends Purchase Offer for Piovan S.p.A.

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Automation Systems S.p.A. Temporarily Suspends Purchase Offer for Piovan S.p.A.

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Piovan SpA ( (IT:PVN) ) just unveiled an announcement.

Automation Systems S.p.A. has announced a suspension in the terms for a mandatory public purchase offer involving the ordinary shares of Piovan S.p.A., following a request for additional information by CONSOB. This temporary suspension will last no more than 15 days, with the resumption of proceedings to be communicated promptly to the market.

More about Piovan SpA

YTD Price Performance: -0.72%

Average Trading Volume: 71

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €710.5M

For an in-depth examination of PVN stock, go to TipRanks’ Stock Analysis page.

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