PropertyEU

Pirelli RE unveils heavily discounted capital increase

By A staff reporter 2009-04-20T00:00:00

Italy's Pirelli Real Estate will offer its shareholders the largest discount possible in the EUR 400 mln capital increase planned for June, an Italian newspaper has said, citing chairman Marco Tronchetti Provera. The company will issue up to 800 million shares 50 cents per share. Pirelli & Co, which controls ...

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