Italo offers unique European high speed rail play in IPO

Aidan Gregory

January 23, 2018 04:30 PM

PA-Luca di montzelmio — Ferrari Chairman Luca Cordero di Montezemolo speaks to Foreign Press Association in Rome, Italy on february 7, 2012 during the presentation of the 'Italo' train, the NTV new high-speed train. The train ,named 'Italo', is part of the latest generation of high-speed rail travel and 'the most modern train in Europe,' featuring a small cinema on board and a WiFi Internet connection throughout, Di Montezemolo said.NTV is the first private operator on the italian high speed rail network which will start operations in 2012. Photo by Eric Vandeville/ABACAPRESS.COM # 307579_001 | Vandeville Eric/ABACA/PA Images

Italo, the private Italian operator of high speed trains founded by a former chairman of Ferrari, has announced its intention to float on Borsa Italiana, offering investors a “unique” opportunity to play the high speed rail market in Europe, according to a banker involved.

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Topics

Italy Credit Suisse Equity IPOs Intesa Sanpaolo Equity Europe Barclays UniCredit EMEA SRI Goldman Sachs

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Aidan Gregory