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[Exor, Juventus Holding Company, Rejects Tether's Acquisition Offer] Juventus Holding Company Exor announced that its board of directors unanimously rejected Tether's full acquisition proposal. Tether proposed to acquire Exor's 65.4% stake in Juventus for €2.66 per share (approximately $3.12) in an all-cash deal, valuing the transaction at over €1 billion (approximately $1.17 billion), with plans to invest an additional €1 billion (approximately $1.1 billion). Exor CEO John Elkann stated that Juventus is not for sale and Exor has no intention of selling shares to third parties. Since February this year, Tether has increased its stake in Juventus to over 10%.

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