(Alliance News) - Piaggio & Co. Spa and Immsi Spa announced Monday that a special cda will be convened in connection with the appointment of a new board chairman.

Late last week, in fact, the two companies had to say goodbye to longtime chairman Roberto Colaninno, who passed away at the age of 80.

Piaggio's stock is up 3.9 percent to EUR3.54 per share while Immsi is up 5.6 percent to EUR0.49 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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