Milan-listed Fidia, a provider of numerical control and integrated systems for calculating, scanning and milling complex shapes, paid 1.5 million euros its unsecured creditors (see here a previous post by BeBeez). This is the last tranche of the company’s receivership plan. At the end of 1H23, Fidia paid 5.2 million to secured creditors. The firm will reportedly issue a 10 million convertibile cum warrant (POC) bond that Negma will subscribe. In 1H23, Fidia posted a 2 million loss with revenues of 9 million, an ebitda of minus 1.1 million, a net financial debt of 8.6 million and equity of 2.7 million.
Italian fashion firm Miroglio is close to acquiring the iconic Italian competitor Trussardi from the eponymous family and QuattroR (60% since 2019) (see here a previous post by BeBeez). Trussardi is reportedly in receivership and appointed Angelo Rodolfi as chief restructuring officer. The company also attracted the bid of Miriade.