MILAN, June 16 (Reuters) – The price range for the IPO Inwit, the subsidiary of Telecom Italy, was restricted to 3.5 to 3.65 euro per share, in the middle of the price range initially set at 3.25 to 3.9 euro.
‘As explain two market sources, referring to the indications given by the banks following the operation.
“The guidance is now at 3.5 to 3.65 Euros,” says a source, noting that the offer has received a demand sufficient to cover the amount offered and also the greenshoe.
The IPO Inwit closes tomorrow.
(Elisa Anzolin)
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