CVC and GBL Secure 74.3% Stake in Recordati Takeover Offer
A regulatory filing showed the investors held 74.3% of Recordati at the end of the offer period. They had raised their bid to €53 per share earlier this month.
CVC and Belgian investment firm GBL secured a 74.3% stake in Italian pharmaceutical group Recordati by the end of the offer period, a regulatory filing showed on Friday. Earlier this month, they raised their bid to €53 a share.