Brief: El En: Elesta Considering Option To Raise Equity Through IPO
27/11/2019 07:21
Nov 27 (Reuters) - El En SpA ELEN.MI :
* ASSOCIATED COMPANY ELESTA SPA IS CONSIDERING OPTION TO
RAISE
EQUITY THROUGH AN IPO
* PRELIMINARY ACTIVITIES ARE CURRENTLY BEING PERFORMED AND
DEPENDING ON MARKET CONDITIONS TRANSACTION COULD TAKE PLACE IN
FIRST HALF OF 2020
* EL EN GROUP PRESIDENT SAYS ELESTA IPO WILL NOT HAVE ANY
IMPACT
ON 2019 AND 2020 GUIDANCE, WILL NOT AFFECT GROUP'S NET FINANCIAL
POSITION
Source text for Eikon: urn:newsml:reuters.com:*:nBIAbZngT1
Further company coverage: ELEN.MI
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))