Webuild files tender offer for Trevi, shares jump as deal competes with ICoP bid
Trevi shares climbed sharply after Webuild launched a tender offer for all outstanding shares. Webuild, which also gained following first-half results and confirmation of its 2026 guidance, proposed €4.50 cash per Trevi share. Trevi traded slightly above that offer as markets weighed the competing ICoP proposal and broker commentary on synergy real…