Gewiss S.p.A. Increases Stake in Beghelli S.p.A.

Beghelli SPA ( (IT:BE) ) has provided an update.

Gewiss S.p.A. has announced the purchase of 885,942 ordinary shares of Beghelli S.p.A., representing 0.443% of its capital, as part of a mandatory public purchase offer. This acquisition brings Gewiss’s total holdings to 83.030% of Beghelli’s share capital, potentially strengthening its influence over the company.

More about Beghelli SPA

YTD Price Performance: -1.60%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €67.14M

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