Palliser seeks clarity on EUR 53.00 Recordati offer: Recordati stock pre-market at EUR 53.18
Published on 10/16/2026 at 07:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOffer deadline and shareholder views
- A Palliser letter dated October 14, 2026 called for clarification of the EUR 53.00 offer.
- Recordati stock trades pre-market at EUR 53.18 at 7:55 a.m. CEST at Lang & Schwarz on October 16, 2026.
- Palliser cited a Bloomberg consensus price target of EUR 60.10 as of October 14, 2026.
Palliser Capital asked Recordati’s independent directors and the bidders to clarify their position on the EUR 53.00-per-share tender offer by October 16, 2026, according to a Business Wire release dated October 14.
Pre-market price
Recordati stock was at EUR 53.18 at Lang & Schwarz at 7:55 a.m. CEST on October 16, 2026, with the Xetra reference close not included in the available evidence. The bid was EUR 52.85 and the ask was EUR 53.50. The further course from the Xetra open at 9:00 a.m. CET/CEST is shown by the continuously updated real-time quote of Recordati stock.
What matters today
Palliser set 5:30 p.m. Italian time on October 16, 2026, as the requested deadline for clarification. The EUR 53.00 offer stood EUR 0.18, or 0.34 percent, below the Lang & Schwarz price of EUR 53.18. Palliser cited a Bloomberg consensus price target of EUR 60.10 and said it did not intend to tender its shares, according to Business Wire.
Market context: Market report FTSE MIB.
