An announcement from Bialetti Industrie S.p.A. ( (IT:BIA) ) is now available.
NUO Octagon S.p.A. has signed agreements to acquire a 78.567% stake in Bialetti Industrie S.p.A., which includes shares from Bialetti Investimenti S.p.A., Bialetti Holding S.r.l., and Sculptor Ristretto Investment S.à r.l. This acquisition involves commitments related to interim management, corporate governance, and refinancing of existing debt, with plans to delist Bialetti’s shares from Euronext Milan following a mandatory public purchase offer.
More about Bialetti Industrie S.p.A.
Bialetti Industrie S.p.A. operates in the consumer goods industry, primarily focusing on the production of coffee makers and cookware. The company is known for its iconic Moka Express coffee pot and has a market presence with its shares listed on Euronext Milan.
YTD Price Performance: 98.64%
Average Trading Volume: 8,390
Technical Sentiment Signal: Sell
Current Market Cap: €69.57M
Find detailed analytics on BIA stock on TipRanks’ Stock Analysis page.