Pirelli’s IPO could be the largest in EMEA this year

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Pirelli’s IPO could be the largest in EMEA this year

Pirelli_tyres_PA_230x150
Pirelli rain tyres lie in the paddock at the Silverstone race track in Northamptonshire, Great Britain, 07 July 2012. The Formula One Grand Prix of Great Britain will take place on 08 July 2011. Photo: David Ebener dpa +++(c) dpa - Bildfunk+++ | David Ebener/DPA/PA Images

Pirelli, the Italian tyre maker, has revealed the price range for its IPO in Milan, which could surpass the €3bn flotation of Allied Irish Banks in June as the biggest IPO in Europe this year - if the deal is priced near the top of the range and the greenshoe is exercised.

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