Recordati stock: CVC buys 691,106 shares at up to EUR 53.00
Published on 10/29/2026 at 17:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNew purchase strengthens takeover position
- A CVC investor bought additional Recordati shares on October 28 at prices up to the EUR 53.00 offer consideration.
- The investor's direct holding reached 11.97 percent, while concert parties held further substantial stakes.
- The tender offer remains relevant for minority shareholders as the reopening period approaches.
CVC-linked investors continued to consolidate their position in Recordati on October 28, 2026. According to TipRanks, CVC Capital Partners IX Aggregator SCA SICAV-RAIF Sub-Fund 2, acting in concert with Respighi BidCo, purchased 691,106 shares at prices between EUR 52.88 and EUR 53.00.
CVC expands its direct holding
The purchase lifted the CVC investor's direct holding to 25,034,701 Recordati shares, equivalent to about 11.97 percent of the company's capital, the report said. Concert parties Black Mountain S.a r.l. and Rossini S.a r.l. held 3.25 percent and 46.82 percent, respectively. Rossini's stake had already been tendered during the initial acceptance period.
The transaction is part of Respighi BidCo's voluntary public tender offer for Recordati. The offer consideration is EUR 53.00 per share. The initial tender period produced a combined stake of 74.58 percent for the bidder and its CVC and GBL investors, according to Il Sole 24 ORE. The offer is scheduled to reopen from November 3 through November 9, 2026, while the bidders have indicated that delisting could follow if the ownership threshold required for a squeeze-out is not reached.
Share price remains near offer level
Lang & Schwarz quoted Recordati at EUR 53.03 on October 29, 2026, at 4:36 p.m. Berlin time. That places the quote EUR 0.03 above the offer consideration, although the small difference should not be read as a forecast of the transaction's completion.
Investors should distinguish the takeover timetable from the company's operating reporting calendar. Recordati's next scheduled results are due on November 10, 2026, according to the latest company coverage on the investor timetable.
For the latest trading information, see the real-time quote of Recordati stock.
Recordati stock facts
- Company: Recordati S.p.A.
- ISIN: IT0003828271
- Ticker: REC
- Primary exchange: Borsa Italiana
- Lang & Schwarz quote: EUR 53.03 on October 29, 2026, at 4:36 p.m. Berlin time
- Offer consideration: EUR 53.00 per share
- Sector: Pharmaceuticals
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