Italian Treasury files plans for Poste Italiane IPO
The Italian Treasury has now filed plans with the stock market regulator for the upcoming initial public offering of Poste Italiane. As previously reported, the government plans to list up to 40% of the company.
The Treasury issued a statement yesterday (11 August) saying that a significant proportion of the IPO will be reserved for Italian retail investors, and added that incentives for retail investors and post office employees would be added to the prospectus in the next few weeks.
The Italian government hopes to raise about €4bn from the listing, which will be launched in mid-October.
