MILAN: Initial public offerings are booming in Milan as investor demand for Italian assets is driving company listings to the highest level in at least a decade.
Pirelli & Co SpA’s return to the market on Wednesday makes it the 30th company to join the Italian Stock Exchange this year, with as many as 12 others slated to start trading on the market by the end of the year, Raffaele Jerusalmi, chief executive officer of Borsa Italiana SpA, told reporters at the Pirelli event.
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