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The cash offer of $44.80 per share was oversubscribed by 2.6 times. The group will acquire up to 2.4 million shares. Pietro Gussalli Beretta: “A strategic move”

 

Beretta Holding is strengthening its presence in the United States through an investment in Sturm, Ruger & Company, an American firearms manufacturer listed on the New York Stock Exchange. The group has announced the preliminary results of the cash takeover bid launched for the company’s ordinary shares, at a price of $44.80

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