Gewiss Initiates Acquisition Offer for Beghelli Shares

The latest update is out from Beghelli SPA ( (IT:BE) ).

Gewiss S.p.A. has initiated a mandatory full public acquisition offer for the ordinary shares of Beghelli S.p.A., aiming to acquire the remaining 24.56% of shares not already owned by Gewiss. The offer involves a cash consideration of Euro 0.3375 per share, with a potential maximum total value of Euro 16,580,571.41, reflecting Gewiss’s strategy to consolidate its holding in Beghelli and potentially impact market dynamics.

More about Beghelli SPA

YTD Price Performance: -1.60%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €65.94M

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