Abaco3 rises to 82 percent in Exprivia, offer will restart for five days

(Alliance News) - Abaco3 Spa came to hold about 82 percent of Exprivia Spa's capital at the conclusion of the takeover bid launched by the investor.

During the takeover bid, 13.2 million shares, or 25.4 percent of the company's capital, were tendered, which when added to those already held, brings Abaco3 to 82 percent of Exprivia's capital.

The offer will now be reopened between Sept. 25 and Sept. 29, after which a decision will be made on delisting through a takeover bid or merger of Exprivia with Abaco3.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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