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Power Conversion Holding secures 97.63% of Braga Moro after tender offer results confirmed

PUBT·07/15/2026 15:12:12
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Power Conversion Holding secures 97.63% of Braga Moro after tender offer results confirmed
  • Power Conversion Holding’s tender offer for Braga Moro drew 980,865 shares, equal to 47.05% of share capital.
  • Offer acceptance reached 95.21% of the shares targeted, implying a total consideration of EUR 6.78 million.
  • The bidder’s stake is set to rise to 2,035,229 shares, or 97.63%, including 1,054,364 shares bought via a separate purchase agreement.
  • Cash payment is set for July 17 at EUR 6.91 per share.
  • Trading is set to be suspended July 20-21, with delisting from Euronext Growth Milan effective July 22.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Braga Moro Sistemi di Energia S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20340-23-2026_TELEBORSA.pdf), on July 15, 2026, and is solely responsible for the information contained therein.