Apollo Global Management, Inc. (NYSE:APO) made an bid to acquire remaining 33% stake in Reno De Medici S.p.A. (BIT:RM) for approximately €140 million on November 15, 2021. Apollo Global Management, Inc. will acquire 99.9 million shares at price of €1.45 per share. The acceptance period will end on December 17, 2021.

Studio Di Gravio acted as legal advisor and Equita Group S.p.A. (BIT:EQUI) acted as financial advisor to Reno De Medici in the deal.