Barbieri & Tarozzi Holding S.p.A. launched a Public Voluntary Tender Offer on all the outstanding shares of SITI B&T Group S.p.A.
At the end of the offer period, Barbieri & Tarozzi Holding S.p.A. successfully passed the 90% threshold necessary to complete the delisting of Siti B&T Group SpA reaching 93.0% of the company’s share capital.
Thanks to the positive conclusion of the Offer, Barbieri & Tarozzi Holding S.p.A. will proceed with a reorganisation of the Issuer, aimed at further strengthening the Group, an operation more easily achievable in the unlisted status.
Equita K Finance (Clairfield Italy), jointly with Equita SIM, acted as financial advisor to Barbieri & Tarozzi Holding S.p.A. in this transaction.