Geox plans floatation

23/09/2004

Following an extraordinary shareholders meeting at Italian footwear manufacturer Geox, the company is reportedly planning to float the company before the end of July 2005.

 

It is speculated that the company is likely to float 30% of the share capital. The flotation will be handled by the Unicredito Italiano SpA in association with Lazard LLC and Merrill Lynch & Co. Geox turned over some €250 million in 2003.