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Rizzoli Corriere Della Sera Mediagroup SpA Raises EUR409.9 Million In Rights Issue-Reuters


Tuesday, 16 Jul 2013 01:34pm EDT 

Reuters reported that Rizzoli Corriere Della Sera Mediagroup SpA said it had raised EUR409.9 million ($538 million) in a rights issue that will allow the Italian publisher keep running as a business. About 300 million ordinary shares were subscribed, or 92.7% of the shares in issue, while the consortium of underwriting banks has taken up 14 million ordinary shares, corresponding to EUR18.2 million The bank consortium comprises Banca IMI, BNP Paribas, Banca Akros, Banca Aletti, Commerzbank, Mediobanca, UBI Banca and Credit Suisse.