Italian companies planning to launch IPOs in the autumn are keeping a close eye on political developments in Italy. Their ability to sell shares relies as much on political stability as their own financials.
Three Italian ECM bankers have said that IPOs are being prepared for launches in this year’s final quarter. They are said to be small compared to Nexi’s €2bn IPO which priced in April, but the return of mid-sized issuers could boost a market that has seen little dealflow
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