Acquisition | PIOVAN SPA | 27th March 2025
Following the end of the acceptance period, the offeror has reached 98.91 percent control of PIOVAN SPA share capital. The shares of PIOVAN SPA will be delisted from trading on Euronext Star Milan. As the free float of PIOVAN SPA has dropped below 15 percent, Solactive AG will remove PIOVAN SPA from the indices on March 27, 2025.
The treatment below will be applied to the following indices:
- PIOVAN SPA will be removed from the Index.
- The weight of PIOVAN SPA (PVNA.MI) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 27/03/2025
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