Luxury logistics: Ferrari Group – the new kid on the (IPO) block
Fair rather than luxury price tag
REUTERS reports:
The initial public offering of luxury logistics company Ferrari Group has been priced at 8.60 euros per share, a bookrunner said on Thursday, indicating it was positioned in the upper-half of the range set for the deal.
The founding family has sold 25% of existing shares in the company, with books covered throughout the range on the full deal size, a bookrunner had said last week…
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