Trevi: Consob gives the green light to Webuild’s takeover bid
Webuild has been given the go-ahead to acquire all Trevi shares, whilst Icop’s public takeover bid for the same company lapsed just yesterday
(Il Sole 24 Ore Radiocor) - Consob has given the green light to Webuild’s takeover bid for Trevi. The Authority has approved the offer document, which ‘will be published in accordance with the procedures and within the timeframes laid down by law’, according to Webuild’s statement. The voluntary full takeover bid launched by Webuild for the ordinary shares of Trevi-Finanziaria Industriale offers a cash consideration of €4.50 per share. Meanwhile, yesterday saw the start of Icop’s takeover bid for Trevi began.
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