Barbieri & Tarozzi Holding S.p.A. launches mandatory tender offer for remaining 25.32% stake in SITI - B&T Group S.p.A. (BIT:SITI) for €11.25 million on December 20, 2021. Offer price is set to €3.55 per share. Barbieri & Tarozzi aims to delist SITI - B&T. As of February 25, 2022, Barbieri & Tarozzi Holding S.p.A. acquired 2,295,097 shares representing 18.31% stake.

As per the transaction, the subscription period will be reopened for 5 trading days from March 7 to March 11, new consideration for reopening of terms to be paid on March 18.