Italian builder Salini Impregilo held on Friday it was evaluating an evenhandedness offering toinstitutional investors for up to 10 percent of its sharecapital to boost its free soar.
In a statement, the Milan-based party held its controllinginvestor Salini Costruttori was considering selling part of itsstake contained by the same offering.
The proceeds of the offering resolve be used to beef up thegroups capital structure and help it fund its 2014-2017business plan, it held.
Salini CFO Massimo Ferrari held in April Salini Costruttoriwould reduce its stake in the builder to around 75 percent from90 percent by the end of the summer. (Reporting by Danilo Masoni, editing by Stephen Jewkes)
