Shoewear giant Tod's buyout falls short

(ANSA) - ROME, OCT 26 - The buyoutof Italian shoewear giant Tod's on Wednesday fell short of completion as the takeover bid failed to reach the 90% threshold of capitalisation.
    President Diego Della Valle said "the Tod's buyout will not be completed as it has not passed the 90% capital threshold but our project will go ahead".
    All shares offered in the buyout would now be returned to their owners, the Della Valle family said in a statement. (ANSA).