Piovan bucks trend as Italian IPO flies

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Piovan bucks trend as Italian IPO flies

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Smoke in the colors of the Italian flag is left behind as the Frecce Tricolori Italian Air Force acrobatic squad flies over Rome, on the occasion of the 72nd anniversary of the Italian Republic, Saturday,on June 2, 2018 in Rome, Italy. (Photo by Andrea Ronchini/NurPhoto/Sipa USA) | NurPhoto/SIPA USA/PA Images

In a month where volatility has shot down Europe’s IPO hopefuls, Italian plastics equipment manufacturing firm Piovan has managed to price its deal with an oversubscribed book.

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