MILAN (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 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)
(Reporting by Giancarlo Navach, writing by Matteo Negri, editing by Alvise Armellini and Susan Fenton)
