MILAN, May 27 (Reuters) - Greek industrial and energy
group Mytilineos plans a dual listing on the London
Stock Exchange and will invest 3.3 billion euros ($3.58 billion)
in renewables projects in Italy over the next four years, a top
executive said on Monday.
Chief Executive Director Yiannis Kalafatas told a
company event in Milan that the group has hired Morgan Stanley ( MS )
and Citi as advisors for the London listing. Mytilineos had said
last month that it was considering to list on the London Stock
Exchange or another international exchange within the next 12-18
months.
Kalafatas also said the group is on the hunt for large M&A
deals.
"We are looking (at) M&A (deals) with integrated utility
companies that have a customer base. We would like to enter
(with) something big," Kalafatas said, adding the company was
not yet in a position to make any announcements.
Mytilineos is due to change its name and will announce
the new name next week.
($1 = 0.9208 euros)