8 June 2006 14:27

Placement of 2% stake of IGD share capital belonging to Coop Adriatica S.C.A.R.L. and Unicoop Tirreno successfully completed

The private placement of 2% of IGD S.p.A., a listed company in the large commercial retail segment of Italy’s property sector quoted on the S.T.A.R. market of the Borsa Italiana, from stakes belonging to Coop Adriatica and Unicoop Tirreno has been successfully concluded, with a demand exceeding the offer.

The sale satisfied the demand from prestigious international financial institutions, both specialist and non specialist property funds, with an appreciable degree of geographic and investment profile diversification. The operation has therefore reached its main objective.