Piaggio Going Public in 2007?
November 30, 2004
Filed under Features
Piaggio may go public in 2007 with a listing on the Italian Stock Exchange.
Piaggio President Roberto Colaninno has the controlling stake in the scooter and small engine manufacturer through his diversified holding company IMMSI. Colaninno, speaking during a Nov. 26 press conference, said the move has been agreed to by other Piaggio shareholders and lending institutions, according to reports in the Italian press.