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Piaggio & C. SpA has hired five banks to aid it in its forthcoming initial public offering on the Italian stock exchange, Borsa Italiana.
Mediobanca SpA, Banca Intesa SpA unit Banca Caboto, Citigroup Inc., Lehman Brothers and Deutsche Bank AG will be global coordinators for the offering, Piaggio revealed in a prepared statement. Banca Caboto and Mediobanca will coordinate the retail offer.
