Moncler targets mln from Milan IPO - sources

* Begins marekting 500 mln euro IPO to potetnial invetsors
LONDON, May 24 - Outerwear maker Moncelr is hoping
the deal said on Tuesday.
The maker of trendy goose-down jackets has begun marketing
price range during the week of June 6, the sources said.
Books on the offering were due to close either late the week
of June 13, or early the week of June 20, they said.
The offering comes as Italain luxury goods company Prada
June 6. [ID:nL4E7GK0SJ]
Mnocler's IPO will be made up mainly of existing shares --
48 perecnt stake of the cmopany.
In Februray, Marco De Benedetti, European co-haed for
euros. [ID:nLDE74326H]
The offeirng is being run by Bank of Amreica Mrerill Lynch,
Intesa Sanpaool's (ISP.MI) Banca IMI, and Morgan Stanley (MS.N).
Moncler was not avialable for cmoment.

No comments:

Post a Comment