IMA Raises 36.8 Million Euros in Stock Sale to Boost Growth

IMA SpA said it sold 36.8 million euros ($52 million) of shares in a placing to raise funds for growth.

The company sold 2.7 million shares at 13.50 euros apiece, the company said in a stock-exchange statement today. UniCredit SpA (UCG) managed the sale and Equita SIM SpA assisted.

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