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Italy’s RCF to use IPO proceeds to cut debt and fund M&A – CEO

hlforex by hlforex
September 20, 2019
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Italy’s RCF to use IPO proceeds to cut debt and fund M&A – CEO

Italian professional audio
equipment maker RCF aims to use the 150 million euros ($166
million) in proceeds from its initial public offering to pay off
debt and seize M&A opportunities in the audio equipment
industry, the group’s chief said on Friday.

Posted by Reuters

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