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LMDV abandons takeover bid for Seif amid Fatto Quotidiano standoff

Original: fatto quotidiano

Italian holding LMDV has called off its planned takeover offer (Opa) for Seif, with Il Sole 24 ORE reporting that the bid stalled in the face of resistance linked to Fatto Quotidiano's controlling structure. The withdrawal leaves the newspaper's ownership question unresolved and renews attention on the battle over control of the publisher.

Why now: A failed takeover attempt touching one of Italy's most-read newspapers raises fresh questions about its ownership and independence.

Fatto QuotidianoLMDVSeifIl Sole 24 ORE

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