Inactive Instrument

Labomar S.p.A.

LBM

IT0005421646

Labomar, condition precedent for LBM takeover bid comes true

June 23, 2023 at 01:00 pm

(Alliance News) - On Friday, LBM Next Spa, in reference to the voluntary all-inclusive takeover bid involving ordinary shares of Labomar Spa, announced that the Prime Minister's Office has announced that the coordination group for the exercise of special powers, based on the results of the Ministry of Health's investigation, has ruled that the notified transaction does not fall within the scope of applicability of the Golden Power regulations.

LBM, therefore, announced that the Golden Power condition precedent to the offer has been fulfilled.

Labomar's stock on Friday closed unchanged at EUR9.95 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Labomar S.p.A.

Labomar obtains B CORP certification together with Importfab and Welcare	23-09-19	AN
First Capital exits Labomar and cashes in EUR9 million	23-08-07	AN
LBM Next S.P.A. made a bid to acquire 4.9% stake in Labomar S.p.A. from First Capital S.p.A. for ?9 million.	23-08-06	CI
Europe opens flat; Recordati does well on Mib.	23-07-21	AN
Labomar's revenues grow by double digits in the first half of the year	23-07-20	AN
Mib up slightly, caution reigns in markets	23-07-20	AN
Weak start expected for European indexes	23-07-20	AN
Mib keeps afloat; Nexi closes as best	23-07-19	AN
Labomar board assesses congruous value of LBM Next's takeover bid	23-07-04	AN
Mib in red recovers and goes to 27,000 mark	23-06-26	AN
Milan black jersey; bankers suffer on Mib.	23-06-26	AN
Milan black jersey; bankers suffer on Mib.	23-06-26	AN
Labomar, condition precedent for LBM takeover bid comes true	23-06-23	AN
Futures weak ahead of PMIs; eyes on Juve	23-05-23	AN
Milan just above 27,300; luxury does well	23-05-22	AN
ITALY GROWTH WINNERS & LOSERS: Labomar rises after takeover announcement	23-05-22	AN
LBM-Charterhouse launch takeover bid on Labomar; stock nears offer	23-05-22	AN
Charterhouse Capital Partners LLP agreed to acquire 32% stake in Labomar S.p.A. for â‚¬10 per share	23-05-21	CI
Labomar, first quarter revenues at EUR28 million approx.	23-04-20	AN
Stock markets sluggish; Saipem advances after accounts	23-04-20	AN
Milan up; Chinese bank does not touch rates	23-04-20	AN
Milan rises above 27,900; MPS bullish	23-04-19	AN
Stock exchanges still bullish in wake of Wall Street	23-03-30	AN
Milan best in Europe; stock markets rebound	23-03-29	AN
Labomar, profit drops in 2022 but revenue and Ebitda grow	23-03-29	AN

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Company Profile

LABOMAR S.R.L. is an Italy-based company, which produces dietary supplements, in either solid format or as liquids. The Company's oral solid products include chewable tablets, swallable tablets, coated tablets, gastro-resistant tablets, time release tablets, micro tablets, hard plant or animal gelatine capsules, oro dispersible powders, and water dispersible powders. Its oral liquid products include syrups, hydroglyceric and hydroalcoholic suspensions, solutions, emulsions, and nanoemulsions. The Company serves companies operating in the medical information sector, in distribution channels in chemist and herbalists shops, retail stores of products for athletes and retail organization.

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Pharmaceuticals

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