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Pirelli RE outlines EUR 400mln capital increase

Posted on 15 June 2009

From Propertyeu.info: Pirelli Real Estate has confirmed that it is to issue up to 798 million new shares in a capital increase to raise EUR 400 mln.

The operation will take place by means of the issue of new shares, with dividends due from 1 January 2009 and a face value of 50 cents per share, which will be offered to existing Pirelli RE shareholders on a pro rata basis………Full Article: Source


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