EXOR, the Agnelli family holding company, stated on Saturday that it has no plans to sell Juventus to Tether or any other party and rejected the latest acquisition proposal associated with the club.
Earlier reporting suggested Tether aimed to boost its minority stake toward full ownership, potentially approaching 100% in Juventus.
Tether lodged a binding all-cash offer with EXOR to acquire the 65.4% stake, with a public tender for the remaining shares at the same price if the deal closes. Juventus FC SpA was valued near $925 million by Friday’s close.
Source: https://en.coinotag.com/breakingnews/exor-rejects-tethers-bid-to-buy-juventus-ending-sale-talks-over-65-4-stake
