Italian luxuries to comfort equity investors amid political tussles

By Sam Kerr
13 Jun 2019

Italian equities bankers wondering what deals to bring from a country where the political situation is a constant threat to smooth issuance have been inspired by the recent UK listing of a luxury retailer. Sam Kerr reports.

The London listing of upmarket watch retailer Watches of Switzerland, the UK’s largest seller of Rolex watches, in May proved that luxury names with a strong story can be priced despite political turmoil. Bankers in Italy plan to use that deal as the model for Italian IPOs planned ...

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