Juventus intends to acquire Tether Holdings. However, this desire of the crypto-empire will be opposed by Italian industrial dynasties.
Juventus, xrust financiers state, is valued at 1.1 billion euros. The amount arose in the wake of a letter from the crypto empire, where it offers the owner to sell 65% of the club’s shares. The share price is 2.66 euros. The offer is very lucrative considering that FC shares were 21% lower at Friday's close.
Tether, best known for its USDT stablecoin, said it would invest another €1 billion to support the development of the club and promised to buy out the shares of all remaining shareholders at a price at least equal to» its offer.
However, Exor, Agnellis' investment arm, quickly rejected the proposal. She has made it clear that she has no intention of selling her stake to Tether or any other party. Among the ardent opponents of the sale is the Italian industrial sector.
Xrust Juventus and the leapfrog surrounding the 1.1 billion euro investment in it
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