(Alliance News) - Openjobmetis Spa announced Wednesday that MTI Investimenti Srl has finally sold its stake in the company to Groupe Crit SA, after passing the golden power hurdle.

Crit took over 5.2 percent of Openjobmetis from MTI at EUR16.50 per share. In addition, the company also signed deals to take over Plavisgas Srl, holder of 34.1 percent of Openjobmetis, and 18.5 percent of the company's capital from Omniafin Spa.

As a result of the deals, Crit will hold 57.7 percent of Openjobmetis, on which it will launch a tender offer at EUR16.50 per share.

In addition, Crit also signed an agreement to take over the 6.9 percent held by Quaestio Capital SGR Spa, the completion of which is linked to the closing of the acquisitions mentioned above.

Openjobmetis shares closed Wednesday down 0.3 percent at EUR16.35 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.