Poste Italiane’s initial public offering (IPO) appears to be going well, with Reuters reporting that the order book has already been “entirely covered” as investors “snap up” the shares. The offer of up to 38.4% in the company started on Monday (12 October) and is scheduled to close on 22 October, unless the Italian treasury decides to close it early. As previously reported, the listing of Poste Italiane is expected to take place in Milan on 27 October.
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