Renaissance Partners funds close purchase of 83.38% stake in Reway, set EUR 10.31 per share offer

Reuters2026/07/30 20:32

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Renaissance Partners-controlled Rinova BidCo closed the purchase of an 83.38% stake in Reway Group, gaining control of 32,353,802 ordinary shares.
The acquisition price was EUR 10.31 per share.
BidCo plans a cash tender offer for the remaining shares at EUR 10.31 per share, aiming to take Reway off Euronext Growth Milan.
Reway’s board appointed Alessio Masiero to replace Francesco Dell’Elmo, calling a shareholder meeting for Sept. 23 to renew corporate bodies.

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. Reway Group S.p.A. published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Renaissance Partners funds close purchase of 83.38% stake in Reway, set EUR 10.31 per share offer

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