Giugiaro says final buyout should start mid-Sept

Newswire

MILAN, Aug 29 (Reuters) - Wide Design, a vehicle set up to buy out the listed shares in Italian car designer Italdesign Giugiaro , said on Friday it hoped to launch a final offer to acquire any remaining shares in mid-September. Wide Design said In an official document it held 93 percent of Giugiaro's stock by the end of its first buyback offer which closed on June 23, more than the 90 percent the vehicle needed for the bid to be successful. The share price of the final buyout will be ...

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