Diego and Andrea Della Valle, the two brothers who control Tod’s, have joined the Marcolin family in a tender offer for all the shares that they don’t own yet in the company. As reported, the Della Valle brothers acquired a 24.368 percent stake in the Italian eyewear company a few weeks ago, roughly matching the 29.248 percent interest held by the Marcolin twins, Cirillo and Maurizio, and their parents. Yesterday the two families concluded an exclusive shareholding pact, triggering the obligation to make the tender offer for the shares that they don’t own yet. The offer is priced at €1.40 a share, representing a premium of about 18 percent on the most recent stock market price (more details in EyeWear Intelligence).