Fininvest SpA's listing expected to face hurdles
Article Abstract:
Fininvest SpA of Milan, Italy, a media company owned by Silvio Berlusconi, may face problems involving its reported plan to embark on an initial public offering (IPO). Analysts believe that Fininvest is preparing to offer its shares to the public by pooling its media assets under one umbrella company while setting apart its financial services concerns under another arm. Analysts say that Fininvest is likely to sell well in the stock market were it not for Berlusconi's legal problems. Berlusconi is facing a number of corruption charges as well as a charge of false bookkeeping.
Comment:
Media company owned by Silvio Berlusconi, may face problems involving its reported plan to embark on an initial public offering
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1998
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EPlanet shares fall amid cash crunch; buyer is sought
Article Abstract:
ePlanet SpA saw its share value drop due to concerns that the firm may not find the cash it requires to stay in operation. The company's shares fell 6.4% to 21.11 euros per share on May 17, 2001.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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Art'e' plans to bring modern art - and itself public
Article Abstract:
Art'e' SpA, an Italian art gallery who recently went online, will launch an initial public offering on Italy's Nuovo Mercato.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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