Lazio to float in London

Rome-based soccer club Lazio will float on the London stock exchange by the end of the year, the Serie A club's owner and majority…

Rome-based soccer club Lazio will float on the London stock exchange by the end of the year, the Serie A club's owner and majority shareholder Mr Sergio Cragnotti said yesterday. on Monday. "We'll start the operation to float Lazio on the London bourse in September. It will be complete by December," he told reporters. Mr Cragnotti, also president of financial holding Cirio Finanziaria, CBDI.MI has said previously he wants Lazio to be the first soccer club in Italy to float. A number of Italian Serie A clubs, including AC Milan and Bologna, are believed to be interested in seeking a bourse listing, but none have so far taken the plunge. - (Reuter)