Finance
Juventus shares jump after Agnelli family rejects crypto giant Tether's bid
Published by Global Banking and Finance Review
Posted on December 15, 2025
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on December 15, 2025
Dec 15 (Reuters) - Shares in Juventus surged more than 12% early on Monday, after Italy's Agnelli family on Saturday rejected crypto group Tether's surprise offer that valued the country's most successful soccer club at just over 1 billion euros ($1.17 billion).
The stock climbed to its highest level since November 25, outperforming the broader STOXX index, which was up 0.3%, after Exor, the Agnelli family's holding company, said it had no intention of selling any of its shares in the Turin-based Serie A club despite the bid implying a 21% premium to Friday's close.
($1 = 0.8527 euros)
(Reporting by Laura Contemori; Editing by Amanda Cooper)
Market capitalisation is the total market value of a company's outstanding shares of stock, calculated by multiplying the share price by the total number of shares.
Equity refers to the ownership value in an asset or business, representing the amount of money that would be returned to shareholders if all assets were liquidated and all debts paid.
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