Tether has submitted a proposal to buy Exor’s 65.4% stake in Juventus for cash. If the acquisition is approved, Tether will publicly offer to buy the remaining shares to achieve full ownership.
With a commitment to invest €1 billion, Tether aims to develop the club and ensure its financial stability. CEO Paolo Ardoino expressed a strong desire to return Juventus to its former glory as he has been a devoted fan for years.
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