Inactive Instrument

PORE SARDNPV

Equities

PSA

IT0005305443

Project merger between Destination Italia and Sardinia Portal approved

January 27, 2023 at 01:20 am EST

(Alliance News) - Destination Italia Spa and Portale Sardegna Spa online travel agency, which specializes in the incoming tourism sector in destinations in Sardinia, Puglia, Sicily and the rest of Italy, both listed on Euronext Growth Milan, have announced that their respective boards of directors, meeting today, have approved the joint plan to merge Portale Sardegna into Destination Italia.

The transaction was approved in execution of the binding agreement signed by the parties last November.

Portale Sardegna closed Thursday's session flat at EUR3.17 per share.

By Maurizio Carta, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about PORE SARDNPV

Destination Italia and Portale Sardegna have entered into deed of merger	23-05-25	AN
Assembly of Destination Italia appoints new board	23-05-25	AN
Portale Sardegna S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-05-08	CI
Piazza Affari all in the red, banks weigh.	23-04-26	AN
Lisitins expected to fall; gold above USD2,000	23-04-26	AN
Nearly all down on Mib, banks hurt	23-04-25	AN
Europeans still down; UniCredit at bottom of Mib.	23-04-25	AN
Mib in red; UCapital24 bullish after accounts	23-04-25	AN
Portale Sardegna, revenues go up but loss increases	23-04-25	AN
Europeans down; oil sector suffers on Mib.	23-04-24	AN
Mib expected down; GDP data expected this week	23-04-24	AN
Europeans up; TIM trailing on Mib.	23-04-21	AN
Destination Italy with dramatically improved numbers in 2022	23-03-22	AN
Futures down; central banks week	23-01-30	AN
Milan maglia rosa; Saipem leads the Mib	23-01-27	AN
Handbags timid but bullish; buying on Piaggio	23-01-27	AN
Exchanges little moved; Immsi touches annual high	23-01-27	AN
Project merger between Destination Italia and Sardinia Portal approved	23-01-27	AN
Destination Italia S.p.A. agreed to acquire Portale Sardegna S.p.A.	23-01-26	CI
Destination Italia S.p.A. entered into a binding agreement to acquire Portale Sardegna S.p.A. from Massimiliano Cossu, Marco Demurtas, Acacia Travel Holding S.R.L., Flexagon Securitisations S.R.L. and other shareholders for €3.7 million.	22-11-27	CI
Portale Sardegna S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2022	22-09-29	CI
Portale Sardegna S.p.A. Reports Earnings Results for the Full Year Ended December 31, 2021	22-05-26	CI
Portale Sardegna S.P.A. Reports Earnings Results for the Full Year Ended December 31, 2020	21-04-29	CI
Portale Sardegna S.p.A. acquired 51% stake in Royal Travel Jet Sardegna Srl for €0.55 million.	18-04-08	CI
Portale Sardegna S.p.A. has completed an IPO in the amount of €1.2992 million.	17-11-14	CI

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Company Profile

Portale Sardegna SpA is an Italy-based company engaged in the travel sector. The Company operates as a travel agency. It focuses on the management of an online portal, named portalesardegna.com, which offers various travel solutions in Sardinia, an island in the Mediterranean Sea. The portal is administrated by local inhabitants. The Company provides booking of accommodation in hotels, resorts and private apartments; reservation of ferry tickets; trips and holiday packages for groups, as well as online consulting, among others.

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