Austria's Meinl Airports International has raised the volume of its Initial Public Offering (IPO) on the Third Market of the Vienna Stock Exchange from EUR 500 mln to EUR 700 mln. Private and institutional investors can subscribe to the new shares until 27 April 27, 2007 for EUR 10 per share. The first trading day is intended for 30 April, the company said in a statement.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
