Monrif SPA (IT:MON) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Monrif S.p.A. is the target of a voluntary total public purchase offer by Monti Riffeser S.r.l., which has now acquired 77.20% of Monrif’s share capital, representing 82.63% of voting rights. The recent transactions were completed at an average price of €0.0500 per share, consolidating the Bidder’s control over the company.
For further insights into IT:MON stock, check out TipRanks’ Stock Analysis page.