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Tether’s Bid to Buy Juventus Rejected by Long-Time Owners Exor

Cryptonite UAE

Stablecoin issuer Tether’s attempt to acquire full control of the renowned Italian football club Juventus was firmly rejected by the club’s controlling owner, Exor, the holding company of the Agnelli family. The Proposal: Tether submitted a binding all-cash bid for Exor’s 65.4% controlling stake, with plans for a public offer for the remaining shares. Tether … Read more

Tether’s All-Cash Bid to Buy Controlling Stake in Juventus Reportedly Rebuffed

Cryptonite UAE

Stablecoin issuer Tether announced on Friday that it submitted a binding, all-cash proposal to acquire the majority stake in the Italian professional soccer club, Juventus Football Club. Tether’s bid was directed at Exor, the holding company of the Agnelli family, which controls a 65.4% stake in Juventus, a public company valued around $1.1 billion (€944.49 … Read more

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