GBL

2 articles

Italy's Recordati says board finds CVC, GBL offer 'fair' as independent directors dissent

Recordati's board voted 6-4 to accept CVC and GBL's €10.7 billion takeover offer as fair, despite four independent directors dissenting over valuation concerns. The proposed delisting aligns with broa

reuters · 2026-07-15 15:51

CVC, GBL Launch 10.7 Billion Euro Takeover Offer for Italy's Recordati

Private equity firms CVC and GBL launched a €10.7 billion cash bid to take over Italian pharmaceutical group Recordati, offering €51.29 per share. The controlling shareholder has agreed to tender its

reuters · 2026-05-21 22:41