10:16 AM EST, 11/10/2026 (MT Newswires) -- Respighi BidCo's ownership of Italian pharmaceutical company Recordati (REC.MI) increased to 91.928% of the share capital, including treasury shares, at the close of the extended acceptance period for its takeover offer. The consortium led by CVC Capital Partners (CVC.AS) and Groupe Bruxelles Lambert (GBLB.BR) received acceptances from 22,208,274 shares or 10.620% of the target's share capital based on the preliminary results of the extended acceptance period, according to a Monday filing. The offer has a price of 53 euros per share. The final results are expected to be published by Nov. 16, with payment scheduled for Nov. 17. Recordati is set to be delisted from Euronext Milan as the consortium's ownership has surpassed 90%.

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