Seri Industrial agrees to merge into parent SE.R.I., paving way for Euronext Milan delisting
Reuters2026/08/07 08:55- Seri Industrial is set to be merged into holding company SE.R.I., with Seri Industrial shareholders receiving 1.9167 SE.R.I. shares per share.
- The deal targets the delisting of Seri Industrial from Euronext Milan, citing low liquidity and a cost-benefit mismatch for remaining listed.
- SE.R.I. plans to issue up to 45,142,563 new ordinary shares for the exchange, with no cash consideration.
- The merger is expected to simplify the group structure, cut costs, and increase operational flexibility through a shorter control chain.
- Post-merger, SE.R.I. would directly hold key operating subsidiaries, including FIB, Seri Plast, and Menarini.
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