Juventus Jumps After Billionaire Agnellis Family Rejects Tether’s Bid

Juventus players celebrate winning the Coppa Italia, in May 2024.Photographer: Filippo Monteforte/AFP/Getty Images

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By Flavia Rotondi and Daniele Lepido

December 15, 2025 at 9:16 AM UTC

Updated on

December 15, 2025 at 10:41 AM UTC

Juventus Football Club SpA shares rose the most this year after Tether Holdings SA made a €1.1 billion ($1.3 billion) takeover bid to acquire the Italian football club at a 21% premium, an offer that was swiftly rejected by the Agnelli family’s holding company.

The crypto firm made late Friday an all-cash proposal to buy Exor’s 65.4% holding for €2.66 a share, according to a letter sent to Exor and seen by Bloomberg.