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    TOD   IT0003007728

TOD'S S.P.A.

(TOD)
  Report
Delayed Borsa Italiana  -  11:35 2022-09-29 am EDT
41.80 EUR   +0.19%
09/21Italy's market watchdog approves bid to take Tod's private
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09/19MarketScreener's World Press Review : September 13, 2022
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09/08Guess who's coming to visit?
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Tod's Founding Family Makes Offer to Take Company Private

08/03/2022 | 02:46am EDT

By Cecilia Butini

Italy's Della Valle family, the top shareholder in luxury shoe-maker Tod's SpA, has launched a takeover offer to reach 90% ownership of the company's share capital and eventually delist it, the family said in a release distributed by the company.

The family has set an offer price of 40 euros ($40.67) a share with the plan to buy 25.55% of Tod's share capital and reach 90% ownership.

"The Della Valle family has decided to make a big investment in the Tod's Group in order to accelerate its development," it said. The goal is to give strong visibility and operative autonomy to the single brands within the group, which would me more difficult to obtain if Tod's remained listed, the family said.

LVMH Moet Hennessy Louis Vuitton SE will continue to hold a 10% stake in Tod's through its French subsidiary Delphine SAS, according to the Della Valle family.


Write to Cecilia Butini at cecilia.butini@wsj.com


(END) Dow Jones Newswires

08-03-22 0245ET

Stocks mentioned in the article
ChangeLast1st jan.
CHRISTIAN DIOR SE -0.42% 589.5 Real-time Quote.-19.25%
LVMH MOËT HENNESSY LOUIS VUITTON SE -0.85% 608 Real-time Quote.-16.37%
TOD'S S.P.A. 0.19% 41.8 Delayed Quote.-15.34%
All news about TOD'S S.P.A.
09/21Italy's market watchdog approves bid to take Tod's private
RE
09/19MarketScreener's World Press Review : September 13, ..
MS
09/08Guess who's coming to visit?
MS
09/07Tod's sales rise 17% in H1, above pre-COVID levels
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09/07Tod's sales rise 17% in first half of year
RE
09/07EMEA Morning Briefing: Fears Over Hawkish Fed, Europe's Energy Cri..
DJ
09/07TOD'S S.p.A. Reports Earnings Results for the Half Year Ended June 30, 2022
CI
08/18Prima Industrie to go private after Femto takes majority stake
RE
08/04MarketScreener's World Press Review : August 4, 2022
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08/03Global markets live: Airbnb, Infineon, PayPal, Moderna, Starbucks...
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More news
Analyst Recommendations on TOD'S S.P.A.
More recommendations
Financials
Sales 2022 973 M 950 M 950 M
Net income 2022 17,2 M 16,8 M 16,8 M
Net Debt 2022 376 M 367 M 367 M
P/E ratio 2022 81,9x
Yield 2022 0,67%
Capitalization 1 383 M 1 351 M 1 351 M
EV / Sales 2022 1,81x
EV / Sales 2023 1,62x
Nbr of Employees 4 890
Free-Float 25,5%
Chart TOD'S S.P.A.
Duration : Period :
TOD'S S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOD'S S.P.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 41,80 €
Average target price 39,96 €
Spread / Average Target -4,39%
EPS Revisions
Managers and Directors
Andrea della Valle Vice Chairman & Co-Chief Executive Officer
Diego della Valle Chairman, President & Co-Chief Executive Officer
Emilio Macellari Chief Financial Officer & Executive Director
Luca Cordero di Montezemolo Independent Non-Executive Director
Luigi Abete Independent Non-Executive Director
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