• Respighi BidCo is pressing ahead with its cash bid for Recordati, offering EUR 51.29 per ordinary share.
• The bidder welcomed Recordati’s board view that the price is fair, while rejecting reservations raised by independent directors.
• Terms and conditions of the offer remain unchanged, pending publication of the offer document.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recordati Industria Chimica e Farmaceutica S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 216_169711_2026_oneinfo.pdf), on July 16, 2026, and is solely responsible for the information contained therein.