Brief: Tamburi to raise stake in Azimut Benetti to about 12 pct

Mittel SpA

28/08/2015 07:54

Aug 28 (Reuters) - Tamburi Investment Partners SpA (TIP SpA) 
 TIP.MI : 
    * Azimut Benetti SpA and Tamburi decide to acquire equal 
stake in Azimut Benetti held by Mittel SpA, current shareholder 
with 6.2 percent 
    * Separate agreement provides that Tamburi will fully 
underwrite, by Aug. 31,  capital increase for more than 30 
million euros in  Azimut Benetti SpA 
    * As a result Tamburi will own about 12 percent of Azimut 
Benetti SpA on a fully diluted basis 
 
Source text: http://bit.ly/1EonwOF 
     
Further company coverage:  TIP.MI  
 
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