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Borgosesia S.p.A. ( (IT:BO) ) has shared an update.
Borgosesia S.p.A. has committed to guaranteeing the possible unsubscribed portion of a capital increase for MeglioQuesto S.p.A.’s recovery plan, involving ordinary and multiple voting shares worth up to 5 million euros. Additionally, Borgosesia plans to provide a 2.5 million euro loan to support the new company formed under the recovery plan, reinforcing its strategic focus on special situations and turnaround opportunities.
The most recent analyst rating on (IT:BO) stock is a Buy with a EUR2.50 price target. To see the full list of analyst forecasts on Borgosesia S.p.A. stock, see the IT:BO Stock Forecast page.
More about Borgosesia S.p.A.
Borgosesia S.p.A. is a company listed on Euronext Milan, specializing in investments in alternative assets. It is focused on transforming into an Alternative Asset Manager targeting special situations and opportunities, including real estate and turnaround processes.
Average Trading Volume: 45,511
Technical Sentiment Signal: Sell
Current Market Cap: €22.51M
For a thorough assessment of BO stock, go to TipRanks’ Stock Analysis page.