Lonza intents to dilute its holding in its Polymer Intermediate business
IPO on Italian Stock Exchange
POLYNT SpA plans this initial public offering, and subsequent listing of its shares, on the STAR segment of the Italian Stock Exchange. The authorization from Borsa Italiana S.p.A. and CONSOB is expected in the 3rd quarter of 2006. Mediobanca - Banca di Credito Finanziario S.p.A. is acting as Sponsor of Lonza SpA and Global Co-ordinator of the IPO.
Lonza's Polymer Intermediates business, POLYNT SpA, operates in the development, manufacture and marketing of polymers, chemical intermediates and additives used for a vast range of industrial applications including the manufacture of plastics, paints, inks, adhesives, electrical and electronic components, paper and lubricants, as well as resins and composites for the transportation and construction industry.
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