Luxury goods maker, Salvatore Ferragamo, is looking to list its shares on the Milan stock exchange, The Wall Street Journal reports. The company is also considering placing its shares with institutional investors in the U.S. and Japan. The global co-coordinators and joint book-runners for the offering are Mediobanca and JP Morgan. The Italian bank will also serve as manager and sponsor for the initial public offering. Ferragamo is estimated to be worth between €1.1 to €1.5 billion, adds Reuters.
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