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

Franchetti 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 

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