The family Della Valley refuses the available options of the company of shoes of luxury. As it has informed Reuters, this offer would not allow them to the brothers Diego and Adrea Della Fence in to do charge of 90% of the property. In consequence, the company has seen like his actions collapsed almost 20% in stock exchange, something that no happen from the month of August.
The past month of September, the brothers Della Valley, presented a Public Offer of Acquisition (Opa) to buy 25,5% of the actions of the Italian company and like this can hoard 90% of the capital of the company. As it indicates the agency of French news, the founder and president of Tod, Diego Della Valley, and his brother Andrea, had proposed the offer of the OPA that consisted in buying to other investors to 40 euros each action. The operation was valued in 338 million euros, and later, stirred the possibility to delete the quote of the company through a fusion with DeVa Finance, but this, probably would leave to the minoritary shareholders in a worse situation.
At present, as it signals Modaes, the holding Deva Finance possesses 63,6% of the actions of Tod's and is the main shareholder. They purchase a lower percentage Delphine of Bernarnd Arnault and LVMH.
The offer of purchase was the last attempt to renew a company that, to the equal that other historical Italian marks, built his name in the craftsmanship, but now struggles for attracting to the buyers of luxury younger.