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An update from Bialetti Industrie S.p.A. ( (IT:BIA) ) is now available.
Octagon BidCo S.p.A. has initiated a mandatory public tender offer to acquire all ordinary shares of Bialetti Industrie S.p.A., purchasing 138,135 shares, which constitutes 0.089% of the company’s share capital. This acquisition increases Octagon BidCo’s total ownership to approximately 86.237% of Bialetti’s share capital, with the subscription period for the offer ending on July 25, 2025, and payment for tendered shares scheduled for August 1, 2025.
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 small kitchen appliances. The company is known for its iconic Moka pot and has a significant presence in the European market.
Average Trading Volume: 421,483
Technical Sentiment Signal: Buy
Current Market Cap: €72.19M
Learn more about BIA stock on TipRanks’ Stock Analysis page.