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MAY 14 2022
Tags: TAS Group

Rivean Capital is the new majority shareholder of TAS

The mandatory tender offer promoted by Solidus BidCo S.p.A., a company controlled by Rivean Capital Fund (formerly Gilde Buy Out Fund), ended on 11 May 2022 with the revocation on the same date of the listing of TAS’s ordinary shares on Euronext Milan (so-called delisting).

Upon completion of the aforementioned process, Rivean Capital confirms itself as the (indirect) majority shareholder in the share capital of TAS S.p.A..

The new phase of governance of the Group is now opening, again led by the Chief Executive Officer Valentino Bravi, who indirectly maintained a minority stake in the company's share capital.

Stay tuned!