(Alliance News) - Tinexta Spa announced Wednesday that its board of directors has commenced preparatory activities for the merger by incorporation of the company into Zinc BidCo, a move aimed at delisting.

The decision follows the reopening of the terms for the mandatory total tender offer launched by Zinc BidCo, which failed to reach the 90% capital threshold required for automatic delisting.

In this context, the board has favorably assessed the alternative of a merger by incorporation as a means to proceed with the withdrawal from listing.

Tinexta shares are up 0.7% at EUR14.99 per share.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Copyright 2026 Alliance News IS Italian Service Ltd. All rights reserved.