ICOP launches all-share tender offer for Trevi, targets delisting
iShares Copper and Metals Mining ETF
iShares Copper and Metals Mining ETF ICOP | 0.00 |
- ICOP launched a voluntary all-share exchange offer for all Trevi ordinary shares, targeting a delisting from Euronext Milan.
- Offer ratio set at 0.133 newly issued ICOP ordinary shares for each Trevi share, valuing Trevi at EUR 4.16 per share.
- The implied price represents a 20.1% premium to Trevi’s June 26 close of EUR 3.47, based on ICOP’s June 26 close of EUR 31.3.
- The offer covers up to 65,578,216 Trevi shares, with completion expected in the second half of 2026.
- Pro-forma 2025 revenue is projected above EUR 1 billion, with combined backlog above EUR 2 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICOP S.p.A. Socità Benefit published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 1936-22-2026_TELEBORSA.pdf), on June 29, 2026, and is solely responsible for the information contained therein.
