(Adds details) MILAN, September 29 (Reuters) – Part of the IPO today Intercos with a fork indicative price of between 3.5 and 4.5 euro per share. It says a note from the company, which manufactures and sells cosmetics, which emphasizes that offerings are geared exclusively to institutional investors, subject to a maximum 48,420,000 shares, representing 44.18% of share capital post offer. The operation should therefore have a value between 170 and 218 million. The launch of the offer follows the measure by which the Italian Stock Exchange approved on September 25 the admission to listing on the MTA. Still lacks the approval of Consob the prospectus. The Ipo provides in detail which 18,280,130 shares are offered for subscription by the Company and 30,139,870 shares are offered for sale by Dafe Dafe 3000 and 5000, a company controlled by the founder and majority shareholder of Gianandrea Dario Ferrari. E ‘also planned, by Dafe 3000, granting to the coordinators of the offer of an over-allotment option and a corresponding greenshoe option for a maximum of 4,842,000 shares. The coordinators and joint bookrunners are Banca IMI, BofA Merrill Lynch and UBS Investment Bank. BNP Paribas is acting as joint bookrunner, while Banca Aletti as co-lead manager. Banca IMI also performs the role of sponsor and, in the case of obtaining the status of Star, will act as a specialist. Rothschild is acting as financial advisor to the proponents, while Morri Cornelli and Associates as advisor of the controlling shareholder. Read more …
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