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Industria e Innovazione SpA (IIND.MI)

IIND.MI on Milan Stock Exchange

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Industria e Innovazione postpones deadline to finalize sale of 10 pct stake in Officine CST
Thursday, 22 Dec 2016 10:15am EST 

Industria e Innovazione SpA (Indi) : Says deadline to meet the condition precedent for the sale of 10 percent stake in Officine CST postponed to Sept. 30, 2017 .The condition precedent envisages the approval of Indi's financing bank MPS Capital Services, which holds the stake as lien.  Full Article

Industria e Innovazione: court does not postpone deadline for filing of restructuring plan
Tuesday, 20 Dec 2016 07:40am EST 

Industria e Innovazione SpA : Said on Monday that the court in Milan did not grant the postponing of the deadline for the filing of its plan .Filed a request to court on Dec. 9 to postpone by 30 days the deadline for the filing of its debt restructuring agreement [nBIA052b7] following PLC's binding offer [nL5N1E30QU].  Full Article

Industria e Innovazione files request of composition with creditors in court
Thursday, 7 Jul 2016 05:12am EDT 

Industria e Innovazione SpA :Said on Wednesday that it filed on June 5 [nBIA052b7] at the court in Milan a request of composition with creditors.  Full Article

Industria e Innovazione SpA postpones closing of agreement with La Centrale Finanziaria to June 30
Thursday, 31 Mar 2016 12:46pm EDT 

Industria e Innovazione SpA:Signs with La Centrale Finanziaria Generale SpA an agreement to postpone the deadline for the closing of their agreement to June 30 from March 31.On Dec. 3, 2015 signed an agreement with La Centrale Finanziaria Generale to transform Industria e Innovazione into a REIT which envisages La Centrale Finanziaria Generale holding a controlling stake in Indi.  Full Article

Industria e Innovazione SpA postpones deadline to get approval by MPS Capital Services to sell 10 pct of Officine CST
Sunday, 28 Feb 2016 07:00pm EST 

Industria e Innovazione SpA:Postpones deadline to get approval by financing bank MPS Capital Services to sell 10 percent stake in Officine CST SpA to Dec. 31, 2016‍​.  Full Article

Industria e Innovazione SpA sells its 10 pct stake in Officine CST
Tuesday, 21 Jul 2015 12:55pm EDT 

Industria e Innovazione SpA:Said on Tuesday that signed a contract to sell its 10 percent stake in Officine CST SpA.Contract is subject to the approval of MPS Capital Services SpA as financing bank that holds the stake in Officine CST as collateral.Price of stake is 860,000 euros.  Full Article

Industria e Innovazione negotiates merger with La Centrale Finanziaria Generale
Saturday, 25 Apr 2015 04:51am EDT 

Industria e Innovazione SpA:Says it signed term sheet with La Centrale Finanziaria Generale SpA (LCFG) for a possible merger.The operation aims at creating real estate holding.The operation aims at reorganization of Industria e Innovazione and widening of LCFG portfolio.  Full Article

Industria e Innovazione to sell 100 pct stake in Agri Energia Perolla
Wednesday, 22 Apr 2015 02:17pm EDT 

Industria e Innovazione SpA:Says it signed preliminary contract for sale 100 percent of share capital in Agri Energia Perolla Soc. Agricola Srl (Agri Energia Perolla)to Iron R.E. Srl.Says deal is worth 20,000 euros.Says deal is a part of wider financial reorganisation.Says after the deal Industria e Innovazione will not act as debt guarantor for Agri Energia Perolla.  Full Article

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