By  on April 18, 2019

MILAN — Four months after the launch of a takeover bid with the goal to delist the namesake firm through the holding company Leading Jewels, the Damiani family is once again the sole owner of the group. The Italian Bourse has arranged for shares to be suspended from trading on April 24 and 25 and then revoked starting on April 26.

Owning 96 percent of shares, the Damiani family’s squeeze-out will take place on April 26, buying out the remaining shares at 0.85 euros each.

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