Italian Cos. Takeover Threshold May Be Lowered: Messaggero
2014-07-24 06:42:35.273 GMT
By Andrew Frye
July 24 (Bloomberg) -- Italian govt, senator considering
legislation to lower equity threshold at which a shareholder in
a public company could be required to make takeover bid,
Messaggero reports.
* Senator Mucchetti yday presented proposal for a sliding
scale for the threshold, the lowest level of which would be
set at 20%: Messaggero
* Treasury asked Mucchetti to set the lowest threshold at 25%:
Messaggero
* NOTE: Current threshold 30%
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To contact the reporter on this story:
Andrew Frye in Rome at +39-06-4520-6322 or
afrye@bloomberg.net
To contact the editor responsible for this story:
Dan Liefgreen at +39-02-8064-4204 or
dliefgreen@bloomberg.net
2014-07-24 06:42:35.273 GMT
By Andrew Frye
July 24 (Bloomberg) -- Italian govt, senator considering
legislation to lower equity threshold at which a shareholder in
a public company could be required to make takeover bid,
Messaggero reports.
* Senator Mucchetti yday presented proposal for a sliding
scale for the threshold, the lowest level of which would be
set at 20%: Messaggero
* Treasury asked Mucchetti to set the lowest threshold at 25%:
Messaggero
* NOTE: Current threshold 30%
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Andrew Frye in Rome at +39-06-4520-6322 or
afrye@bloomberg.net
To contact the editor responsible for this story:
Dan Liefgreen at +39-02-8064-4204 or
dliefgreen@bloomberg.net