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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Risanamento | BIT:RN | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0061 | -19.74% | 0.0248 | 0.026 | 0.0234 | 0.0299 | 0.0248 | 0.0285 | 24,316,445 | 09:51:53 |
DOW JONES NEWSWIRES
Italian real estate company Risanamento SpA (RN.MI) said late Thursday that the country's stock-market regulator, Consob, has exempted Risanamento's creditor banks from making a takeover bid on the company.
Consob was to decide if the creditor banks of Risanamento - among them Intesa Sanpaolo SpA (ISP.MI), UniCredit SpA (UCG.MI), Banco Popolare SC (BP.MI) and Banca Popolare di Milano (PMI.MI) - that are supposed to take control of the real estate developer had to launch a takeover bid on the shares they don't control already.
Risanamento, which is facing bankruptcy saddled with debts of more than EUR2.8 billion, on Wednesday reached a deal with its creditor banks as part of the restructuring plan to save the company. The banks had conditioned the plan on the exemption of a mandatory takeover bid for Risanamento.
Exchange Web site: http://www.borsaitaliana.it
-By Enza Tedesco, Dow Jones Newswires; enza.tedesco@dowjones.com
1 Year Risanamento Chart |
1 Month Risanamento Chart |
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