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4 months ago
BRIEF-BFF prices IPO at 4.70 euros a share
April 5, 2017 / 6:17 AM / 4 months ago

BRIEF-BFF prices IPO at 4.70 euros a share

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April 5 (Reuters) - Banking group Banca Farmafactoring (BFF) says:

* prices IPO at 4.70 euros a share

* price gives group a market capitalisation of 800 million euros

* placed 530,000 ordinary shares, equivalent to 31.16 percent of company's share capital

* expects to raise around 250 million euros from share placement, excluding greenshoe option

* shares set to start trading on Milan bourse on April 7 Further company coverage: (Reporting by Milan newsroom)

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