August 18, 2015 / 9:10 AM / 3 years ago

BUZZ-Prelios: shares soar on report of investor interest

** Shares in Italian property firm Prelios rise 15 pct following a report in Italian daily Corriere della Sera about possible interest from international investors in taking a stake in the company

** Prelios announced on Aug. 6 a spin-off of its non-core assets to focus on its real estate services business, co plans to launch a 66.5 million euro share sale by the end of the year

** In an unsourced report, Corriere says that U.S. private investment firm Starwood Capital, George Soros’s investment fund Quantum Strategic Partners, property company CBRE Group have informally expressed an interest in becoming shareholders

** Prelios declined to comment. The three potential investors were not immediately available for comment

** Traded volumes are nearly 3.5 times the daily average of the past month. Italy’s all-share index is down 0.1 percent (

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below