Italdesign-Giugiaro buyout set at 4.4 euros/share

Newswire

MILAN, Sept 23 (Reuters) - Italian market regulator Consob said on Tuesday it had set a 4.40 euros per share price for a buyout of shares in car design firm Italdesign Giugiaro SpA which were not tendered in an earlier takeover bid. In June, Italdesign-Giugiaro's controlling families offered 4.40 euros per share in a full takeover bid aimed at delisting the company and merging it with their Wide Design takeover vehicle. They ended up with 93.03 percent of Italdesign's capital. Consob ...

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