Equita says some shareholders received expression of interest for 12% stake
12/05/2022 14:20
MILAN, May 12 (Reuters) - A group of shareholders at Italy's
Equita EQUI.MI received expressions of interest for a total of
some 12% of the independent investment bank, the group said on
Thursday.
The shareholders, who also act as managers, told the board
the expressions of interest were put forward by "a group of
families, entrepreneurs and institutions close to Equita," the
company said in a statement.
They added a potential deal would allow new investors to
enter the share capital while keeping management's role as a
"key shareholder".
Equita's management and employees hold 54% of the capital,
while free float totals 38% and treasury shares account for the
remaining 8%.
(Reporting by Federico Maccioni, editing Maria Pia Quaglia)
((Federico.maccioni@thomsonreuters.com; +39 3420768883;))