Piaggio & C. SpA

PIA

IT0003073266

Auto & Truck Manufacturers

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-05-21 am EDT			5-day change	1st Jan Change
2.846 ^EUR	0.00%		+0.42%	-4.43%

May. 13	Immsi sees indicators drop in quarter; NFP is negative	AN
May. 10	Mib bullish; Enel and Iveco good after accounts	AN

Piaggio & C, Consob blocks abusive takeover bid promoted by JSC Handel Gruppe

November 09, 2023 at 07:46 am EST

(Alliance News) - Consob has permanently blocked the abusive takeover bid for Piaggio & C. Spa's ordinary shares promoted in recent weeks by JSC Handel Gruppe, thus turning the temporary suspension of the offer announced last Oct. 10 into a final one.

The termination of the takeover bid is accompanied by a request to LinkedIN Ireland to make permanent the removal of the web pages through which it was promoted.

Piaggio trades in the green by 0.6 percent at EUR2.68 per share.

By Claudia Cavaliere, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Go to the original article.
Legal disclaimer

Latest news about Piaggio & C. SpA

Immsi sees indicators drop in quarter; NFP is negative	May. 13	AN
Mib bullish; Enel and Iveco good after accounts	May. 10	AN
Futures bullish; Mib restarts at 34,300 level	May. 10	AN
Mib up, Nexi and Prysmian good after accounts	May. 09	AN
Transcript : Piaggio & C. SpA, Q1 2024 Earnings Call, May 09, 2024	May. 09
Piaggio closes quarter with profit down slightly	May. 09	AN
Piaggio Q1 profit slips as Asia weighs	May. 09	RE
Piaggio & C. SpA Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 08	CI
Futures up; Israel evacuates east Rafah	May. 06	AN
Mib veers lower, weighs declines in banks	May. 03	AN
Mib advances; Cucinelli confirms top spot	May. 03	AN
Mib in green; Brunello Cucinelli rears its head again	May. 03	AN
Stock markets bullish; Eni with profit down	Apr. 24	AN
Mib rises; A2A on fifth bullish session in a row.	Apr. 23	AN
Mib above 34,000 threshold; TIM among the best	Apr. 23	AN
Stock markets in green; Italian deficit increases	Apr. 23	AN
Piaggio confirms chairman of the board and Ad; ok to buyback	Apr. 22	AN
Piaggio, shareholders' meeting renews board of directors	Apr. 17	AN
Funds move on OVS and raise short on Piaggio	Apr. 16	AN
Marshall Wace initiates short on doValue	Mar. 25	AN
Arrowstreet Capital makes moves on Juventus and Seco.	Mar. 22	AN
Marshall Wace moves on Ferragamo and Piaggio.	Mar. 18	AN
Funds raise short on Saipem; cut back on Piaggio	Mar. 13	AN
Piaggio Fast Forward launches kilo, robot of smart following technology	Mar. 12	AN
Italian Vespa maker Piaggio launches AI-driven factory robot	Mar. 12	RE

Chart Piaggio & C. SpA

Duration

Period

More charts

Company Profile

Piaggio & C SpA is an Italy-based company engaged in the manufacture of motor vehicles. Piaggio & C SpA is a parent of Piaggio Group and focus on production of two-wheeler motor vehicles. The Companyâs product range includes scooters, mopeds and motorcycles from 50cc to 1,400cc type marketed under the Piaggio, Vespa, Gilera, Aprilia, Moto Guzzi, Derbi and Scarabeo brands. Piaggio & C SpA operates in the three- and four-wheeler light transport sector with its Ape, Porter and Quargo ranges of commercial vehicles. Additionally, the Company produces spare parts and accessories for motor vehicles. The Company provides research and development activities for its vehicles and engines in the production units in Pontedera and Noale, among others. The Company operates in the domestic market and internationally through its subsidiaries, including Aprilia Brasil Industria de Motociclos SA, Aprilia Racing Srl, Piaggio Vespa BV, Piaggio France SAS and National Motor SA, among others.

Sector

Auto & Truck Manufacturers

Calendar

2024-07-28 - Q2 2024 Earnings Call

More about the company

Income Statement Evolution

More financial data

Ratings for Piaggio & C. SpA

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.846 EUR

Average target price

3.814 EUR

Spread / Average Target

+34.02%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Motorcycles & Scooters

	1st Jan change	Capi.
PIAGGIO & C. SPA	-4.43%	1.1B
BAJAJ AUTO LIMITED	+29.77%	29.54B
EICHER MOTORS LIMITED	+12.73%	15.39B
TVS MOTOR COMPANY LIMITED	+6.46%	12.49B
HERO MOTOCORP LTD	+21.97%	12.25B
YAMAHA MOTOR CO., LTD.	+20.88%	9.5B
YADEA GROUP HOLDINGS LTD.	+6.12%	5.72B
HARLEY-DAVIDSON, INC.	-5.13%	4.72B
LONCIN MOTOR CO., LTD.	+38.76%	2.13B
SANYANG MOTOR CO., LTD.	+10.78%	1.96B

Motorcycles & Scooters

Piaggio & C. SpA

Equities

PIA

IT0003073266

Auto & Truck Manufacturers

Piaggio & C, Consob blocks abusive takeover bid promoted by JSC Handel Gruppe

EPS Revisions