Juventus Owner Rejects Tether's $1.2 Billion Acquisition Offer, Sending Team's Stock Soaring
Yahoo Finance·2025-12-16 00:55

Shares in Italian soccer club Juventus rose than 17% after Exor, a holding company with majority ownership, rejected an all-cash offer from stablecoin giant Tether.  Tether’s all-cash offer to Exor on Friday was reportedly valued at €2.66 (3.13)ashareavaluearound213.13) a share—a value around 21% higher than Friday’s closing price, according to data from Yahoo Finance. The offer valued the club around €1.1 billion in total (1.29 billion). “Exor N.V. announces that its Board of Directors has unanimously rejected an unsolicited pr ...