Comment / Luxury logistics: Ferrari Group – the new kid on the (IPO) block

ID 330498829 © Mykhailo Polenok | Dreamstime.com

Just as Europe’s IPO outlook dominates the headlines in financial circles on this side of the Atlantic, a new deal approaches the public markets as London-based Ferrari Group* readies for its debut in Amsterdam.

(*Not to be confused with luxury automaker Ferrari, whose shares are listed on NYSE and Euronext Milan.)

Towards the end of last week, the logistics provider said in its IPO prospectus that subject to acceleration or extension of the timetable for its offering:

“Trading on an ’as-if-and-when-delivered’ basis in ...