marine link image

Fincantieri Files for Milan IPO

May 6, 2014

Photo courtesy Fincantieri
Photo courtesy Fincantieri

Italy's Fincantieri said on Tuesday it had filed a request to list its shares on the Milan bourse, as state lender Cassa Depositi e Prestiti (CDP) moves to offer private investors a minority stake in the ship building company.

The disposal of Fincantieri - wholly owned by CDP, which in turn is controlled by Italy's treasury - is part of a new wave of privatisations the Rome government announced at the end of last year.

Banca IMI, Credit Suisse, JPMorgan, Morgan Stanley and UniCredit CIB are global coordinators of the offering.

BNP Paribas, Citigroup, Deutsche Bank, Goldman Sachs, HSBC and Mediobanca are joint-bookrunner.

(Reporting by Francesca Landini, editing by Valentina Za)

Logistics News

Operations Begin at Jubail Container Terminal in Saudi Arabia

Operations Begin at Jubail Container Terminal in Saudi Arabia

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

Concerns Raised by Repeated Chinese Detentions of Panama-Flagged Vessels

CMA CGM Celebrates Maiden Call of New Port Kobe Service

CMA CGM Celebrates Maiden Call of New Port Kobe Service

New Wildlife Trafficking Compendium Released for Singapore

New Wildlife Trafficking Compendium Released for Singapore

Subscribe for Maritime Logistics Professional E‑News

Defence Minister: Sweden will buy air defense systems for 8,7 billion crowns
EU must increase its Aspides Naval Mission to protect key maritime routes.
Russian mariner detained after Houthi Red Sea Attack leaves Yemen