Palladio Holding S.p.a. bid to acquire remaining 51% stakes in Nice Footwear S.p.A. (BIT:NFT) for ?12.5 million on November 5, 2022. Palladio Holding S.p.a. will acquire 1.045 million shares equal to 51% stakes at ?12 per share. Tender offer aimed at Delisting.

On January 24, 2023, offer price increased to ?12.30 cash per share. Nice Footwear Spa announced that Bruno Conterno, chairman of the board of directors, as well as Francesco Torresan and Angelo Sinico, both executive directors of the company, resigned from their respective positions. Offer period will start on January 9, 2023 and end on February 10, 2023, unless extended.