Boldt to buy out minority shareholders

Boldt to buy out minority shareholders

Corporate & Sovereign Strategy Equity IPO Capital Markets Tourism Telecoms Technology Argentina

Argentine casino operator and technology company Boldt said Wednesday that its controlling shareholders plan to buy out the minority shareholders as part of a restructuring that will divide it in four independent firms, one of which will sell shares in an initial public offering. The controlling shareholders — Antonio Eduardo Tabanelli (44%) and Rosana Tabanelli (44.5%) — will offer to pay ARS7.92 ($0.04) per share to buy the 11.5% of the shares listed on the Buenos Aires Stock Exchange, accordi

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