October 11, 2019 / 6:36 AM / 7 days ago

Italian food group Newlat to start trading in Milan on October 24

MILAN (Reuters) - Italian food group Newlat said on Friday it expected its shares to start trading on the main segment of the Milan bourse on Oct. 24, after it received approval for its initial stock offering from market regulator Consob.

Newlat, which owns pasta brand Delverde, is listing up to 41% of its capital, offering shares at between 5.8 and 7.3 euros each.

The offer will start on Oct. 14 and is due to end on Oct. 22, Newlat said.

Reporting by Valentina Za

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