(Tiper Stock Exchange) – Borsa Italiana has ordered the admission to listing in the Euronext Milan market Lottomatica Group. The communication from the manager of Piazza Affari comes a few hours after the company set the indicative valuation range for its shares from a minimum of 9 to a maximum of 11 euros, for a post capital increase market capitalization between 2.265 and 2.67 billion euros.
Lottomatica, controlled by Apollo Global Management, estimate of start the offer on April 24th to end it on April 27th. The launch of the IPO remains subject to obtaining the go-ahead from the National Commission for Companies and the Stock Exchange (CONSOB).