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News Wire / economy

Ruger Group To Increase Beretta Stake

Radio 24 Milan 8d8d Impact 6
The American group Ruger has entered into an agreement to increase its stake in Beretta to 25%. Ruger will be able to appoint two directors, up from its current 9% holding. The deal involves a partial tender offer at $44.80 per share, representing a 20% premium.

Topics

Beretta Ruger M&A

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Sources · 7 independent

Radio 24

“Il gruppo americano Ruger ha stipulato un accordo in cui sostanzialmente Beretta salirà al 25% del capitale e potrà nominare due consiglieri, attualmente al 9%, con un acquisto offerta pubblica parziale a 44,8 dollari, un premio del 20%.”

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