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Best Union Company SpA (BSTU.MI)

BSTU.MI on Milan Stock Exchange

3.02EUR
3 Aug 2017
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3,972
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Latest Key Developments (Source: Significant Developments)

Best Union Company announces prelim. results of Time for Ticket offer on co's shares
Monday, 12 Jun 2017 04:34am EDT 

June 12(Reuters) - BEST UNION COMPANY SPA ::ANNOUNCED ON FRIDAY PRELIMINARY RESULTS OF OFFER ISSUED BY TIME FOR TICKET SRL ON TOTAL SHARES OF BEST UNION COMPANY .BASED ON THE PRELIMINARY RESULTS A TOTAL OF 841,311 SHARES HAVE BEEN TENDERED DURING THE OFFER PERIOD, FOR A TOTAL VALUE OF 2.5 MILLION EUROS, REPRESENTING 8.997% OF CO'S SHARE CAPITAL AND 36.541% OF THE SHARES IN THE OFFER.TIME FOR TICKET LAUNCHED THE OFFER FOR THE MAXIMUM OF 2,302,375 SHARES AT A PRICE OF 3 EUROS/SHARE.TAKING INTO ACCOUNT 7,048,549 SHARES ALREADY HELD BY TIME FOR TICKET (75.378% STAKE), AT THE END OF THE OFFER PERIOD TIME FOR TICKET SRL AND ITS UNIT TICKET HOLDING SARL HOLD A TOTAL OF 7,889.860 CO'S SHARES REPRESENTING A 84.375% STAKE IN CO'S SHARE CAPITAL.  Full Article

Best Union Company board deems takeover bid price offered by Time for Ticket adequate
Wednesday, 3 May 2017 12:33pm EDT 

May 3 (Reuters) - Best Union Company SpA ::Board deems price per share of EUR 3.0 ($3.27) per share offered by Time for Ticket Srl nL5N1HD1N9 in takeover bid on Best Union Company adequate.  Full Article

Best Union: newco Ticket Holding's unit launches takeover bid on co's share capital
Wednesday, 5 Apr 2017 05:35am EDT 

Best Union Company SpA : Said on Tuesday that newco Ticket Holding acquired a 75.4 pct stake in co's share capital . On Dec. 28, 2016, co's top shareholders signed an investment agreement with Bravo Capital according to which they would transfer their stakes to a newco [nL5N1EO0ZC] . Ticket Holding's wholly owned unit, Time for Ticket, will launch a mandatory takeover bid on co's share capital at the price of 3.00 euros ($3.20) per share .The aim of the takeover bid is the delisting of Best Union.  Full Article

Best Union Company FY net profit down at EUR 2.4 mln
Friday, 31 Mar 2017 02:55am EDT 

Best Union Company SpA : Reported on Thursday FY revenue 56.8 million euros ($60.65 million) versus 60.4 million euros a year ago .FY net profit 2.4 million euros versus 2.6 million euros a year ago.  Full Article

Best Union: top shareholders sign investment agreement with Bravo Capital for co's delisting
Thursday, 29 Dec 2016 05:41am EST 

Best Union Company SpA (Best Union) : Said on Wednesday that shareholders Luca Montebugnoli, P4P International Srl, Girefin SpA had signed an investment agreement with Bravo Capital SA with the aim of delisting Best Union Company . Luca Montebugnoli, P4P International, Girefin own 31.3 pct, 29.3 pct, and 14.7 pct stakes in Best Union, respectively . Under the agreement, the shareholders will create a special purpose vehicle (newco), in which the members will transfer their stakes held in Best Union . Bravo Capital will make a payment in cash as capital increase to the newco for up to 8.0 million euros ($8.36 million) . If the transactions in the agreement are finalized, they will result in the launch of a mandatory tender offer by the newco via a bidco at the price of 3.0 euros per share .Luca Montebugnoli will still be the reference shareholder and lead the company.  Full Article

Best Union Company H1 revenue up 8 pct at 28.4 mln euros yoy
Tuesday, 30 Aug 2016 02:44am EDT 

Best Union Company SpA : Said on Monday H1 revenue of 28.4 million euros ($31.72 million) versus 30.9 million euros a year ago .H1 net profit of 1.1 million euros versus 1.2 million euros a year ago.  Full Article

Best Union Company Q1 EBIT up at EUR 1.0 mln
Thursday, 12 May 2016 12:01pm EDT 

Best Union Company Spa : Q1 revenue 14.1 million euros ($16.03 million) versus pro-forma revenue 13.2 million euros a year ago .Q1 EBIT 1.0 million euros versus pro-forma 0.6 million euros year ago.  Full Article

Best Union Company SpA approves merger by incorporation of unit Charta Srl
Sunday, 18 Oct 2015 08:00pm EDT 

Best Union Company SpA:Approves merger by incorporation of its fully owned subsidiary Charta Srl.  Full Article

BRIEF-Best Union Company announces prelim. results of Time for Ticket offer on co's shares

* ANNOUNCED ON FRIDAY PRELIMINARY RESULTS OF OFFER ISSUED BY TIME FOR TICKET SRL ON TOTAL SHARES OF BEST UNION COMPANY

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