NUO Octagon's Acquisition in Bialetti Cleared Under Italy's 'Golden Power'

Reuters
Jun 04
June 4 (Reuters) - Bialetti Industrie SpA on behalf of Nuo Octagon SpA, Bialetti Investimenti SpA, Bialetti Holding Srl::
*SAID ON TUESDAY ACQUISITION HAS BEEN REVIEWED UNDER ITALY'S "GOLDEN POWER" REGULATIONS
*ITALIAN GOVERNMENT HAS DETERMINED THAT TRANSACTION DOES NOT FALL UNDER THESE REGULATIONS, ALLOWING ACQUISITION TO PROCEED
*NUO OCTAGON IS SET TO ACQUIRE A 78.567% STAKE IN BIALETTI
*CLOSING EXPECTED IN FIRST PART OF JUNE 2025
* Further company coverage: BIA.MI
* (Gdansk Newsroom)
* ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 04-JUN-202505:12:38.953 GMT

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