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    FCH — Franchetti SpA News Story

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    Brief: Franchetti Launches 1 Mln News Shares ABB For Institutional Investors

    Picture of Franchetti SpA logoFranchetti SpA
    17/07/2024 16:45
    July 17 (Reuters) - Franchetti SpA  FCHT.MI :
    * LAUNCHES ACCELERATED BOOKBUILDING RESERVED TO
INSTITUTIONAL
INVESTORS
    * TO ISSUE UP TO 1 MILLION NEW SHARES AT A PRICE OF 5.90
EURPER
SHARE
    * ABB TO BEGIN IMMEDIATELY, MAY BE COMPLETED AT ANY TIME
    * ABB AIMS TO GET RESOURCES TO STRENGTHEN CAPITAL STRUCTURE,
SUPPORT GROWTH AND PROJECTS


Further company coverage:  FCHT.MI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587696600;))

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