Mediobanca-promoted SPAC to be listed in early February - sources

By Kitco News / January 24, 2018 / www.kitco.com / Article Link

MILAN, Jan 24 (Reuters) - A special purpose acquisition company (SPAC) promoted by Italian merchant bank Mediobanca and other investors will be listed on the Milan bourse in early February, two market sources said on Wednesday.

The SPAC has already drawn 100 million euros in contributions and aims to use proceeds of its initial public offering to acquire a stake in one or more industrial companies, according to sources.

Mediobanca is acting as joint global coordinator and Equita Sim is joint bookrunner for the deal.


(Reporting by Elisa Anzolin; writing by Francesca Landini)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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