Borsa Italiana welcomes INWIT on the main marketJun 22 2015 - 11:00
- Fourth listing on MTA in 2015
- The company raised €875.3 million at IPO
INWIT (Infrastrutture Wireless Italiane S.p.A.) debuts today on MTA, the main market of Borsa Italiana.
INWIT is part of Telecom Group and operates in the industry of infrastructures for electronic communications, focusing in particular on radio transmission devices for telecommunications and on the diffusion of TV and radio signals.
The company raised €875.3 million at IPO, with a market capitalisation of about €2.2 billion. Banca IMI acted as sponsor and responsible for the placement of the public offering. Banca IMI S.p.A, Deutsche Bank AG, London Branch and Mediobanca – Banca di Credito Finanziario S.p.A. were global coordinators of the offering.
Raffaele Jerusalmi, CEO of Borsa Italiana, commented:
“We are pleased to welcome INWIT on the main market of Borsa Italiana. The company has received an excellent response from investors, whose request has covered the offering almost seven times.
INWIT’s IPO proves that domestic and international investors are becoming more and more interested in our market and are ready to seize burgeoning investment opportunities. We hope that INWIT will be able to fulfil successfully its ambitious business development projects, also through the IPO.
For further information, please contact:
+39 0272426 360
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