Brief: Biesse SpA Starts Listing Process Of The Controlled Company HSD

Biesse

09/02/2018 10:15

Feb 9 (Reuters) - Biesse Spa  BSS.MI : 
    * SAYS HAVE STARTED A LISTING PROCESS OF THE CONTROLLED 
COMPANY 
HSD S.P.A. 
    * SAYS BIESSE WILL MAINTAIN A CONTROLLING STAKE IN HSD 
    * BANCA IMI (INTESA SANPAOLO GROUP) WILL ACT AS GLOBAL 
COORDINATOR, BOOKRUNNER AND SPONSOR. 
    * SAYS  PROJECTED LISTING  WILL OCCUR AT THE MILAN STOCK 
EXCHANGE, 
EVENTUALLY IN THE STAR SEGMENT 
    * HSD WILL BE ABLE TO CONCLUDE LISTING WITHIN FIRST HALF OF 
CURRENT YEAR EVEN CONSIDERING MARKET CONDITIONS 
    * HSD IS THE MECHATRONICS DIVISION OF BIESSE GROUP 
 
Source text for Eikon:  ID:nBIA9WKgF1  
     
Further company coverage:  BSS.MI  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920 ;))