GBL raises Recordati bid to EUR 53 as GBL stock costs EUR 71.58

Published on 10/20/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GBL raised Recordati's offer from EUR 51.29 to EUR 53.00 per share on October 6, 2026. GBL stock costs EUR 71.58 on October 20, 2026.

Recordati offer and ownership

GBL and CVC raised the Recordati offer to EUR 53.00 per share on October 6, 2026.
GBL reported 129.80 million shares as of June 30, 2026.
GBL stock trades at EUR 71.58 at 11:09 a.m. CEST at Lang & Schwarz on October 20, 2026.

Schwarzweißes Straßenfoto einer belebten Brüsseler Geschäftsstraße mit Bürotürmen — Schwarzweiß-Reportage aus dem Brüsseler Finanzviertel repräsentiert Groupe Bruxelles Lambert SA, ISIN BE0003797140, dokumentarischer Stil, Illustration mit AI erstellt.

GBL raised its Recordati takeover offer from EUR 51.29 to EUR 53.00 per share on October 6, 2026, while GBL stock was trading at EUR 71.58 at Lang & Schwarz on October 20, 2026 at 11:09 a.m. CEST. Reuters reported that the revised bid was presented as the best and final offer.

Recordati bid sets the news agenda

The revised consideration includes the EUR 0.71 dividend already distributed by Recordati, bringing the total consideration to EUR 53.71 per share. The acceptance period now runs until October 23, 2026, and payment is scheduled for November 2, 2026, according to Reuters.

Bloomberg reported that the higher cash offer values Recordati at EUR 10.5 billion. The deal is intended to take the Italian pharmaceutical company private, giving GBL exposure to a transaction whose outcome depends on shareholder participation.

What does the ownership base show?

GBL's investor-relations page reported 129.80 million shares as of June 30, 2026. The same page said Pargesa held 35.1 percent of outstanding shares and 48.6 percent of voting rights, while GBL held 10.29 million of its own shares, equal to 7.93 percent of issued capital.

Three dates frame the transaction

On June 30, 2026, GBL reported 129.80 million shares and a 7.93 percent treasury-share position on its GBL investor-relations page. On August 31, 2026, the Recordati acceptance period began, according to Reuters. On October 6, 2026, GBL and CVC raised the offer to EUR 53.00 per share.

Offer deadline comes next

The next key date is October 23, 2026, when the extended acceptance period ends. Payment is scheduled for November 2, 2026, subject to completion of the offer process.

Stock holds the market reference

GBL stock was trading at EUR 71.58 at Lang & Schwarz on October 20, 2026 at 11:09 a.m. CEST. The Belgian investment holding company is listed on Euronext Brussels and operates a diversified portfolio spanning industrial, service and investment-management businesses. The further course of trading is shown by the continuously updated real-time quote of GBL stock.