Volatility casts doubt on Italian listings

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Volatility casts doubt on Italian listings

Sam Kerr
May 30, 2018 12:00 pm
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Designated Italian Prime Minister Carlo Cottarelli (left) meets president Sergio Mattarella at the Quirinale palace in Rome, Italy on May 29, 2018. The day before Sergio Mattarella has asked Cotarellit to form a government as the country faces fresh political turmoil. Photo by ABACAPRESS.COM | ABACA/ABACA/PA Images

Uncertainty over Italy’s political future has sunk a second Italian IPO in a fortnight, as Estra, the Italian utilities company, decided to postpone its initial public offering until markets calm.

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Sam Kerr
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