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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Davide Campari | BIT:CPR | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.114 | -1.87% | 5.976 | 6.018 | 5.976 | 6.052 | 5.956 | 6.012 | 2,247,562 | 13:42:07 |
MILAN—Italian spirit maker Davide Campari SpA has agreed to buy Socié té des Produits Marnier Lapostolle SA, the maker of the liqueur Grand Marnier, in a deal valuing the company at €684 million ($758.90 million).
Campari will get round 20% of Marnier's shares immediately and acquire a 28.8% stake held by the French company's controlling family shareholders from 2021.
It also plans to file a public tender offer on all outstanding Marnier's shares to take full control of the company.
Write to Giovanni Legorano at giovanni.legorano@wsj.com
(END) Dow Jones Newswires
March 15, 2016 05:05 ET (09:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Davide Campari Chart |
1 Month Davide Campari Chart |
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