Tessellis tribunal extends creditor protection measures by 120 days in restructuring process

Jefferies Financial Group Inc.
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  • Cagliari court extended protective measures in Tessellis’ negotiated crisis process by 120 days under a July 9, 2026 decree.
  • A July 13, 2026 decree authorized the sale of GO Internet’s B2B business, including its stake in X-Stream, to DHH.
  • Total consideration held at EUR 4.2 million, payable in full at closing under DHH’s reinstated offer structure.
  • DHH was released from joint liability for pre-transfer debts tied to the transferred business under Italy’s Civil Code.
  • Closing deadline for conditions and completion was extended to July 31, 2026 from July 15, 2026.


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. Tessellis S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 0260-51-2026_TELEBORSA.pdf), on July 14, 2026, and is solely responsible for the information contained therein.

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