CVC, GBL and partners bid €10.7bn for Recordati
- Location
- 🇮🇹 Italy
- Sector
- Pharma
- Organisations
- CVC / GBL / Luxinva / CPPIB ↔ Recordati
- Transaction
- Takeover offer with delisting
- Volume
- about €10.7bn
- Status
- announced
CVC, already holding 46.8% of Recordati, has made a binding cash offer of €51.29 per share, about €10.7bn, together with GBL, ADIA unit Luxinva, Canadian pension fund CPPIB and chairman Andrea Recordati, aiming to delist the company; CVC had made a non-binding approach in March (pharmaphorum, 22 May 2026). Update (6 October 2026): the bidders raised the offer to €53 per share (Il Sole 24 Ore, 6 October 2026).
Source: pharmaphorum.com ↗ · Archived copy ↗
Further sources: en.ilsole24ore.com ↗ (Archived copy ↗)
Evidence: 2 independent sources · archived copy saved · How well sourced is Eurotrack?
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