The closing of the sale is scheduled for the end of June Saras from the family Moratti to the Dutch giant Vitol. The official confirmation comes with a note issued today by Saras itself: “Following the press release issued on 11 February last, which announced the signing between Massimo Moratti SapA of Massimo Moratti, Angel Capital Management SpA and Stella Holding SpA and Vitol BV of a purchase and sale contract on the basis of which the The Moratti family has undertaken to sell a stake in Saras SpA representing approximately 35% of the share capital to Vitol. Please note that:
Vitol received authorization for foreign subsidies from the European Commission on 12 June 2024; And
the conditions precedent for the completion of the Transaction envisaged by the SPA have been met. Therefore, the execution is expected to take place by the end of June 2024 at the latest“.
As the editorial team specifies Football and Financethe shares were valued at 1.75 euros each. Massimo Moratti Sapa will receive approximately 333 million, while the Stella Holding Gabriele will have 166 and the Angel Management di Angelo will collect around 83 for now (the further 5% has a valuation of 83 million). The total so far is therefore approximately 582 million euros and therefore, overall, the Morattis earned around 2.6 billion euros alone from the sale of shares.
