Founding family completes first Carel block

Aidan Gregory

January 05, 2021 03:00 pm

Milan_Stock_Exchange_PA_575_375 — Asian tourists wear protective masks in front of the Milan's Stock Exchange building amid Coronavirus fears. Despite the modification of the regional decree ordering the closure of bars, pubs at 18.00, tourists demand quickly dropped down for concerns on travel safety in Italy during the COVID-19 emergency. The Financial sector has also been affected by the emergency, with a relevant drop in Piazza Affari, tourist operators and workers from restaurants, cultural activities and entertainment sectors demanded a quick return to normality or other solutions for saving their business. (Photo by Valeria Ferraro / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Luigi Nalini SpA, an investment vehicle representing the Nalini family, has sold €64.5m of stock in Carel Industries, the Italian maker of air conditioning and humidifier systems, via an accelerated bookbuild on Monday night.

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Topics

Italy Equity ABBs-Block Trades Europe EMEA Goldman Sachs

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Aidan Gregory