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Juventus starts talks with banks over planned 200 million Euro cash call
Juventus initiated talks with banks to create a syndicate for a planned capital increase of up to €200 million following the board's approval. "The company is considering the opportunity to engage a syndicate for the subscription of any newly-issued shares that remain unsubscribed and, for this purpose, has initiated contacts with leading banking institutions," it said in a statement. Juventus said the capital increase was expected to be executed in the first four months of next year.
Juventus initiated talks with banks to create a syndicate for a planned capital increase of up to €200 million following the board's approval. "The company is considering the opportunity to engage a syndicate for the subscription of any newly-issued shares that remain unsubscribed and, for this purpose, has initiated contacts with leading banking institutions," it said in a statement. Juventus said the capital increase was expected to be executed in the first four months of next year.
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