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Gewiss Extends Offer Period for Beghelli Shares

Story Highlights
  • Gewiss S.p.A. extends the adhesion period for its purchase offer on Beghelli shares.
  • The extension aims to increase Gewiss’s stake in Beghelli and facilitate delisting from Euronext Milan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gewiss Extends Offer Period for Beghelli Shares

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An update from Beghelli SPA ( (IT:BE) ) is now available.

Gewiss S.p.A. has announced an extension of the adhesion period for its mandatory total public purchase offer on Beghelli S.p.A.’s ordinary shares. This extension aims to allow more shareholders to participate and potentially increase Gewiss’s stake in Beghelli to over 95%, facilitating the delisting of Beghelli shares from Euronext Milan.

More about Beghelli SPA

YTD Price Performance: -1.60%

Technical Sentiment Signal: Strong Buy

Current Market Cap: €67.14M

See more insights into BE stock on TipRanks’ Stock Analysis page.

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