Bubbles Bidco S.p.A. / Key word(s): Acquisition
Bubbles BidCo S.p.A. – Acquisition of Reale Commerciale S.p.A.
10-Nov-2022 / 22:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Milan, November 10, 2022
Re: Bubbles BidCo S.p.A. (the “Company”) – Acquisition of Reale Commerciale S.p.A.
The Company is pleased to announce that it has completed the acquisition of the entire corporate capital (100%) of Reale Commerciale S.p.A. (the “Target”) (the “Transaction”). The Transaction results in the Company acquiring indirect control over Acqua & Sapone S.r.l.. No other terms of the Transaction were disclosed.
The Target operates under the Acqua & Sapone brand, Italy’s leading non-food discount retailer selling a wide range of household and personal care products at value prices through a network of over 800 retail locations.
Note
This announcement is released by Bubbles BidCo S.p.A. and contains information that qualified as inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 (the “Market Abuse Regulation”). For the purposes of the Market Abuse Regulation and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Stefano Giambelli, Chairman.
10-Nov-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com
