Apollo Global Management, Inc. (NYSE:APO) made an bid to acquire remaining 33% stake in Reno De Medici S.p.A. (BIT:RM) for approximately 140 million on November 15, 2021. Apollo Global Management, Inc. will acquire 99.9 million shares at price of 1.45 per share. The acceptance period will end on December 17, 2021.
Studio Di Gravio acted as legal advisor and Equita Group S.p.A. (BIT:EQUI) acted as financial advisor to Reno De Medici in the deal.