There is less than a week left until Vianini, a listed real estate company since 1986, led by the Roman builder, publisher and financier Francesco Gaetano Caltagirone, is delisted from the stock exchange. In fact, on August 5, Borsa Italiana will order the revocation of the listing of Vianini shares on Euronext Milan. This is the effect of the successful completion of the takeover bid launched months ago for Vianini by the Capitolium of Caltagirone. At the end of the deadline for submitting applications for the sale of Vianini shares, applications were submitted for more than 6.5 million shares, equivalent to 6.1% of Vianini’s share capital and 74.79% of the company’s remaining shares. Capitolium and the other parties who acted in concert in the offer for Vianini thus increased, after the full payment of the share package, to 98.12% of the capital. Vianini shareholders who agreed to the sale will receive 0.86 euros per share. And the joint procedure for purchasing the additional remaining shares equal to 1.87% of the capital is scheduled for August 5. In the first half of this year, Vianini recorded revenues of 5.3 million euros, an increase of 7.6% compared to the same period in 2023, due to the increase in real estate rental income linked to the increase in employment.
Source: IL Tempo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
