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| 43 EUR | 0.00% |
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43.06 | +0.14% |
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| Mar. 26 | Tod's investor calls for L Catterton to raise buyout offer | RE |
MILAN (Reuters) - The Della Valle family failed to reach the 90% ownership threshold needed to proceed with a proposed delisting of Tod's under their buyout bid, a Borsa Italiana filing showed on Tuesday.
On the last day available for the offer, investors tendered Tod's shares accounting for a total of 4,134,358 shares.
According to Reuters calculations, the Della Valles, who own 64.5% of the company, needed to gain the acceptance of 5,144,373 shares to reach the 90% threshold in their effort to take the luxury shoemaker private.
(Reporting by Cristina Carlevaro, editing by Keith Weir)
| 1st Jan change | Capi. | |
|---|---|---|
| +25.95% | 1.52B | |
| +25.25% | 20.7B | |
| +21.58% | 10.21B | |
| +6.50% | 9.18B | |
| -5.91% | 8.42B | |
| +34.13% | 7.5B | |
| -13.48% | 6.76B | |
| +16.67% | 3.22B | |
| +65.97% | 2.55B | |
| -8.00% | 2.49B |
TOD'S S.P.A. 
