Immsi, the Italian property group of which a majority stake was sold by Telecom Italia to Beni Stabili and Lehman Brothers, registered results of 118,785 (ITL230m) in the first quarter of 2001. The group’s operating profits were of 55,777 (ITL108m) with L6.5bn in returns.
Il Sole 24 Ore, 10 May 2001 p36