Nov. 1 (Bloomberg) -- Il Sole-24 Ore SpA, the publisher of Italy's largest financial daily newspaper, plans to raise about 300 million euros ($433 million) in an initial share offering this month, according to banks managing the sale.

The Milan-based company will offer as many as 35.09 million shares that will be priced Nov. 30, the managers wrote in e-mails to investors. Mediobanca SpA and UBS AG are coordinating the sale that will give the publisher a total value of about 1 billion euros. The shares are scheduled to start trading Dec. 6, according to the e-mails.

Lehman Brothers Holdings Inc., Banca IMI SpA, BNP Paribas SA, Citigroup Inc., Goldman, Sachs & Co., Merrill Lynch & Co. and UniCredit SpA are acting as bookrunners in the sale.

To contact the reporter on this story: Alexis Xydias in London at axydias@bloomberg.net.

Last Updated: November 1, 2007 05:08 EDT