Rinova BidCo crosses 90% threshold for Reway Group delisting

Bitget2026/10/22 17:18

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Rinova BidCo will hold more than 90% of Reway Group at settlement on October 30, 2026, enabling a delisting.
Tendered shares totaled 3,554,985, representing 9.16% of share capital, adding to Rinova's existing 83.38% stake.
Rinova plans to acquire the remaining shares rather than restore sufficient free float to maintain trading.
The offer closes on October 23, 2026, with final results due by October 29.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reway Group S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20281_172951_2026_oneinfo.pdf), on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Rinova BidCo crosses 90% threshold for Reway Group delisting

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