|
|
Article: Italian Mariella Burani board proposes EUR 100m cap hike.
- Article from:
- ADP News Italy
- Article date:
- September 16, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
(ADPnews) - Sep 16, 2009 - The board of directors of troubled Italian Mariella Burani Fashion Group (BIT:MBFG) has decided to call an ordinary and extraordinary shareholders' meeting to approve an up to EUR 100 million (USD 147.1m) capital increase, the group said Wednesday.
The board proposes that a capital increase is carried out in one or more tranches in five years from the date of approval.
...