Reuters reveals Italy's De Nora set to announce IPO plans next week - Reuters News Agency
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Reuters reveals Italy’s De Nora set to announce IPO plans next week

Reuters revealed that Italy’s Industrie De Nora, which makes components to produce green hydrogen, is set to announce next week its plans for an initial public offering in Milan. De Nora aims to complete the share offering in June, in what would be the first major IPO in Milan since Russia invaded Ukraine on Feb. 24. Controlled by the De Nora family with a 64% stake, with the remaining shares owned by Italy’s Snam, the group reported revenues of 616 million euros with a core profit of 127 million euros in 2021.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Italy
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
FILE PHOTO: Rome's Palazzo Chigi, the seat of the Italian government, is lit up with the colours of the Italian flag on Jan. 15, 2021. REUTERS/Remo Casilli//File Photo
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