trending Market Intelligence /marketintelligence/en/news-insights/trending/W5__xSPzAtswdfswoP1N5Q2 content esgSubNav
In This List

Italy's Newlat prices IPO at low end of range

Blog

Christopher & Banks Corporation – tracking the early-warning signals of credit risk

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Italy's Newlat prices IPO at low end of range

Italy's Newlat SpA said Oct. 24 that it has closed the institutional offering of its IPO in Milan, pricing its stock at €5.80 apiece, the bottom end of its proposed price range.

The dairy and wheat producer said the entire 12.7 million shares in the offering were subscribed for, and the 1.27 million shares of the greenshoe option were entirely placed.

The company will start trading on the Italian exchange Mercato Telematico Azionario, managed by Borsa Italiana SpA.

Newlat had earlier set a price range of between €5.80 and €7.30 per share for gross proceeds of up to €92.7 million if fully subscribed.