Tod’s Group will be delisted on Friday, with trading of shares suspended on June 5 and 6, making today the last trading day. Italy’s Consob approved the squeeze-out at 43 euros ($46.81) per share. Earlier, Tod’s reported that Crown Bidco Srl, an affiliate of L Catterton, reached over 90% ownership, enabling the delisting. CEO Diego Della Valle stated that delisting allows better investment in their brands, with support from partners L Catterton and LVMH. Despite a first-quarter sales decline to $269.96 million (252.3 million euros) due to weaker shoe sales, China revenue drop, and negative currency impact, the tender offer is valued at approximately $425.86 million (398 million euros), with L Catterton increasing its stake to 7.9%.