Tether plans to acquire 65.4% of Juventus Football Club held by Exor in an all-cash deal

According to the official announcement, Tether has submitted a binding all-cash acquisition offer to Exor, intending to acquire its entire stake in Juventus Football Club, which represents 65.4% of the issued share capital. The completion of the transaction is subject to Exor's acceptance, the signing of final documents, and obtaining necessary regulatory approvals.

After the transaction is completed, Tether plans to launch a public tender offer for the remaining shares at the same price per share, with all funds coming from its own capital, and commits to making a long-term commitment to the club. If the transaction is completed, Tether is prepared to invest €1 billion to support and develop Juventus Club.

According to market news, informed sources revealed that the Agnelli family, which holds the controlling stake in the club, does not intend to sell its shares.