May 9, 2017 / 4:18 PM / in 2 months

BRIEF-Gruppo Coin starts placement of 11 pct stake in OVS

1 Min Read

May 9 (Reuters) - Gruppo Coin says:

* starts placement of OVS shares equivalent to 11 percent of capital to international institutional investors

* agreed to sell to some top managers of OVS shares corresponding to 0.935 percent of capital as part of accelerated bookbuilding procedure

* UniCredit and Goldman Sachs are acting as joint bookrunners Further company coverage: (Reporting by Milan newsroom)

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