We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Snam SpA | BIT:SRG | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.037 | -0.86% | 4.265 | 4.26 | 4.29 | 4.344 | 4.262 | 4.28 | 9,681,598 | 17:00:00 |
From May 2022 to May 2024
By Giulia Petroni
Industrie De Nora SpA said Monday that it seeks a valuation of up to 3.28 billion euros ($3.44 billion) for its planned initial public offering on the Euronext Milan.
The Italian electrode maker said it has set the indicative price for the offering at between EUR13.50 and EUR16.50 per ordinary share, implying a market capitalization of around EUR2.72 billion and EUR3.28 billion after the capital increase.
The offering is set to be for a maximum of 35.08 million shares, which corresponds to around 17.4% of the company's share capital.
The offer period should start on June 22 and finish by the end of the month. The start of trading will be determined by Borsa Italiana and will be subject to approvals, according to De Nora.
The company is controlled by the De Nora family, which holds a 64% stake in the company, while the remaining shares are owned by Milan-based Snam SpA.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
June 20, 2022 12:28 ET (16:28 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Snam Chart |
1 Month Snam Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
