CVC and GBL Secure Over 90% of Recordati, Clearing Path to Delisting
CVC and Belgian investment group GBL secured more than 90% of Italian pharmaceutical group Recordati at the end of the takeover offer period, a regulatory filing showed Monday.
Private equity firm CVC EURONEXT:CVC and Belgian investment group GBL EURONEXT:GBLB secured more than 90% of Italian pharmaceutical group Recordati MIL:REC at the end of the takeover offer period, a regulatory filing showed on Monday, paving the way for the delisting of the company.($1 = 0.8926 eur…