CVC, Groupe Bruxelles Lambert Lift, Extend Takeover Offer for Recordati

04:08 AM EDT, 10/06/2026 (MT Newswires) -- A consortium led by CVC Capital Partners (CVC.AS) and Groupe Bruxelles Lambert (GBLB.BR) raised its takeover bid for Italian drugmaker Recordati (REC.MI) to 53 euros per share from 51.29 euros. The group led by Dutch and Belgian investors also extended the acceptance period for the cash offer launched on Aug. 31 to Oct. 23 from Oct. 15, according to a Tuesday release. The offeror, Respighi BidCo, said the new bid represents a best and final offer that will not be increased, adding that the revised consideration amounts to 53.71 euros after including a 0.71-euro dividend Recordati distributed for 2025.