Italian coffee maker Zanetti prices May listing

May 15, 2015 7:12 PM

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MILAN May 15 Italian coffee company Massimo Zanetti Beverage Group will offer up to 11 million new and existing shares at between 11.60-15.75 euros each in an initial public offering that starts on Monday, it said on Friday.

In a statement, Massimo Zanetti said market regulator Consob had approved the Milan listing which values the company at between up to 441.0 million euros ($505.1 million).

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