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The US data gives breath to the European lists after a session marked by uncertainty

Rome at a peak while waiting for the price of Friedkin’s takeover bid

Outside the main basket, the Roma marks marked the worst performance in the list. Investors are waiting for the price at which Dan Friedkin will launch the takeover bid, which has meanwhile entered into an agreement with James Pallotta for the transfer of ownership of the football team. Operation that could lead to a delisting of the yellow-red shares. According to the details that emerged on the agreement, the American billionaire paid 86.6% of the capital of As Roma for approximately 63.4 million euros, equal to a unit price of 0.116 euros. The agreement between Pallotta and Friedkin also provides that the price to be paid for the other corporate investments held directly and indirectly by As Roma Spv is equal to 8,486,933 euros. Overall, the total consideration that the Friedkin group will pay to the cash seller is 199 million euros, as the sum also includes 111.07 million euros which represent the price to be paid for shareholder loans in favor of As Roma. , disbursed by the seller (As Roma spv llc) to finance the capital increase in option, already approved for a maximum of 150 million. The new shareholder has already specified that the mandatory takeover bid could be functional to the delisting of the Giallorossi club. Yesterday’s exit from the Europa League also encouraged sales on the football club’s titles.

Euro loses share on dollar, crude oil weak

On the foreign exchange market, dollar strengthening at 1.1791 for one euro (1.1842 yesterday closing) and at 105.86 yen (105.53). The euro / yen ratio stands at 124.82 (124.97). Weak on Petroleum: the September futures on the WTI slumped 1.22% to $ 41.44 a barrel, while October delivery on the Brent lost 1.13% to $ 44.58.

In the United States, 1.7 million jobs were created in July

Last month there was an increase in US employment, thanks to the fact that many companies tried to reopen after the coronavirus emergency; unemployment fell slightly, after falling from the lows of the past 50 years to the highs since World War II in two months. In the United States, 1.763 million jobs were created in July, better than analysts’ forecasts who expected a rise of only 1.482 million jobs. Unemployment fell from 11.1% to 10.2%, against expectations for a drop to 10.6%.

(Il Sole 24 Ore Radiocor)

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