Tether Proposes Acquisition of Juventus Stake from Exor

According to ChainCatcher, Tether has submitted a binding all-cash offer to Exor to acquire its entire stake in Juventus Football Club, representing 65.4% of the issued share capital. The completion of the transaction is contingent upon Exor's acceptance, the signing of final documents, and obtaining necessary regulatory approvals. Following the transaction, Tether plans to launch a public tender offer for the remaining shares at the same per-share price, with all funds sourced from its own capital. Tether has committed to a long-term investment in the club, pledging €1 billion to support and develop Juventus if the deal is finalized. Market sources indicate that the Agnelli family, which holds controlling interest in the club, does not intend to sell its shares.