Tether's all-cash acquisition plan was rejected, Exor insists on holding Juventus shares

GasFeeLady · 2025-12-14T00:34:17+00:00

Tether wants to acquire Juventus shares from Exor, but was rejected by the board of directors. Exor explicitly stated that they will not sell their shares, and the Agnelli family has no intention of divesting, highlighting the difficulty for cryptocurrency companies to expand into traditional industries.

GasFeeLady

2025-12-14 00:34:17

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【Chain News】Recently, there was an interesting incident—Tether tried to acquire Juventus Football Club shares held by Exor, but the attempt was directly rejected.

The Exor board of directors unanimously rejected the acquisition offer. They made it very clear: they have no intention of selling their shares in Juventus, and no one should think they will. Including Tether, which is headquartered in El Salvador.

Here’s what happened—Tether previously proposed to buy Exor’s 65.4% stake in Juventus entirely with cash. At first glance, it sounded quite attractive, but Exor simply refused to sell. It’s said that the Agnelli family, who hold these shares, never even considered letting go of them.

This failed acquisition somewhat shows that even major players in the cryptocurrency field are not always smooth sailing when expanding into traditional industries. Business games are always like that.

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