Lmdv Media launches a takeover bid for Seif at €0.286 per share
The deal aims to delist the shares of the company that publishes *Il Fatto Quotidiano* from the Milan Stock Exchange. A total investment of over 7 million is in place
(Il Sole 24 Ore Radiocor) - Lmdv Media, an investment company specialising in publishing and linked to the family office Lmdv Capital, announces that the board of directors has resolved to authorise a confirmatory due diligence process regarding certain information relating to Società Editoriale Il Fatto (SEIF) with a view to launching a voluntary full takeover bid for SEIF aimed at delisting the company. Subject to a positive outcome of the due diligence, the statement specifies that the offer would be made at a price of 0.286 euros per share, for a total consideration of 7,152,860 euros.
With regard to the due diligence, it is stated that the due diligence will focus on the company’s economic and financial position, taking into account the qualifications regarding going concern contained in the reports by the auditors KPMG on the interim consolidated financial statements as at 30 June 2026 and the consolidated financial statements as at 31 December 2025.
In this regard, the statement adds, Lmdv Media intends to carry out more in-depth analyses with the company’s management to estimate Seif’s operational and cash requirements over the next 24 months, in order to ascertain whether, as indicated by certain preliminary estimates carried out by Lmdv Media on the basis of publicly available documentation, the company requires an injection of additional financial resources not exceeding 4 million to support its business and publishing operations.
