Recordati stock: CVC group reaches 80.8% before offer deadline

CVC Capital Partners strengthened its position in Recordati ahead of the final day of the reopened tender offer. A November 7 report by ad-hoc-news.de said CVC Capital Partners IX Aggregator bought additional shares on Friday, November 6, as the acceptance period approached its final session.

Bidder group tightens control

The CVC investor bought 164,420 Recordati shares through J.P. Morgan at prices between 52.95 euros and 53.00 euros. The purchases represented 0.079 percent of Recordati's share capital.

Respighi BidCo held 74.581 percent of the company, while the CVC investor held 6.220 percent. Together, the parties controlled approximately 80.8 percent of Recordati after the purchases. The offer price stands at 53.00 euros per share.

The tender offer had already passed its 66.67 percent minimum threshold before the reopening. The five-session acceptance window, which included November 3, 4, 5, 6 and 9, ends on Monday, November 9. Investors who tender during the reopened period are scheduled to receive payment on November 17.

Delisting remains unresolved

The consortium has not reached the 90 percent level associated with a direct delisting route. That leaves the final acceptance result important for minority shareholders, even though the bidder group has already secured a substantial majority.

A direct route is therefore not assured by the current ownership level. The outcome of the final acceptance session will determine whether the ownership structure moves closer to the bidder's stated objective or whether further corporate steps become necessary.

Recordati stock traded at 53.00 euros on Lang & Schwarz at 11:20:55 CET on Monday, November 9, 2026. The real-time quote of Recordati stock reflects the latest available indication.

European equities remain the broader market backdrop for the transaction; see the Euro Stoxx 50 market overview.

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