Vallares accelerates, Ferragamo covered, Lenzing closes
Books for the Eu300m-Eu400m IPO of Salvatore Ferragamo were fully covered early on Wednesday with more than a full week of book building left to run. There was more positive IPO news as Vallares, the cash shell, brought forward its timetable with books now due to close at 5pm on Thursday with allocations out and trading to begin on Friday morning. Pricing news is expected from Lenzing later on Wednesday evening.
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