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2 months ago
BRIEF-Technogym's main investor launches sale of stake of up to 8 pct
May 31, 2017 / 5:18 PM / 2 months ago

BRIEF-Technogym's main investor launches sale of stake of up to 8 pct

1 Min Read

May 31 (Reuters) - Technogym says:

* main shareholder Wellness Holding, which owns 60 percent of Technogym, has launched the sale of a stake of up to 8 percent via accelerated bookbuilding process

* sale reserved for Italian and foreign institutional investors

* operation designed to increase free float of Technogym Further company coverage: (Reporting by Milan newsroom)

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