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Zignago: regulator sets price for residual takeover bid

The Italian stock market regulator Consob has set a price per share of EUR 18.6 (USD 22.513) for Zi.Fi.“s residual takeover of Industrie Zignago Santa Margherita S.p.A.
Italian vehicle company Zi.Fi…

The Italian stock market regulator Consob has set a price per share of EUR 18.6 (USD 22.513) for Zi.Fi.“s residual takeover of Industrie Zignago Santa Margherita S.p.A. Italian vehicle company Zi.Fi., owned by members of Italy“s Marzotto and Dona dalle Rose families, is bidding to acquire the 4.31 % stake in textile, wine and glass group Zignago that it still does not own. Zi.Fi. will conduct the residual takeover bid between 28 October and 18 November 2005.

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