Coin is entering a new phase. The Italian department store company has received approval from the Court of Venice that will allow it to carry out a capital increase of more than €30 million, Milano Finanza reported. Despite the fact that the new shareholders were already closed since the end of April, the company still needed the judicial green light to implement the renewed restructuring plan.
In the near future, the company will thus implement an increase valued at more than €30 million, of which €10 million will be subscribed by the Italian Government, through Invitalia, the national agency for investment attraction and business development, owned by the Ministry of Enterprise and Made in Italy. This investment…