BRIEF-Azimut Becomes Majority Shareholder Of Kennedy Capital as Unit Exercise Call Option
ReutersFeb 27, 2025 12:54 PM
Feb 27 (Reuters) - Azimut Holding SpA AZMT.MI:
BECOMES MAJORITY SHAREHOLDER OF KENNEDY CAPITAL
EXERCISED A CALL OPTION TO INCREASE ITS STAKE FROM 35% TO 51% IN KENNEDY CAPITAL MANAGEMENT
WILL HAVE OPTION TO INCREASE ITS STAKE TO 80% OVER TIME THROUGH CERTAIN CALL/PUT OPTIONS
KENNEDY CAPITAL MANAGEMENT MANAGES ABOUT $5 BILLION
Further company coverage: AZMT.MI
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