Home / Daily Briefs / 2023 / 9 / Boldt to buy out minority shareholders

Boldt to buy out minority shareholders

Boldt to buy out minority shareholders

March 9, 2023 | Charles Newbery
Argentine casino operator plans to sell shares in a new entity after restructuring the business

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

Already have an account?

    Forgot your password?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial