966_88_sole.jpg The Ops Il Sole-24 Ore starts today, November 19 and will end on 30 November 2007. The final price of between 5.75 and 7 euros per share, will be fixed and notified by December 3 and will be the same for both the public offer for the institutional placement. The Ops à ¨ technically a capital increase with subscription of new shares, the new special category, covering a share of 30.5% stake, any major ¹ greenshoe the parent, Confindustria, therefore, not cash it no income and no action but will not sell down its stake, at the end of 'operation, up to 69.5% excluding the green shoe. Tenders à ¨ divided into 7 million shares reserved for retail, institutional placement of 28 million and 5.2 million green shoe, no shareholder may exceed 2% of capital. The proceeds from this IPO are expected to be 230 million and 280 million euros. Negotiations will start on December 6. The roadshow part of the press in connection of 'Ops and take ownership, the Confederation of Industrialists, and management to meet with analysts and institutional investors both in Italy and abroad including Paris, London and New York. Confindustria controls 100% of the publishing company which in 2007 has increased in light of the third quarter, its consolidated turnover to 416.7 million euros, an increase of +11.9%. Mediobanca and UBS, as mediators of 'offer, the listing will take care of Il Sole-24 Ore ".

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Tags: Dell, Italy, London

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