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Unieuro: IPO closes, book already hedged

The IPO (Initial Public Offering) of Unieuro which will take the company towards Palazzo Mezzanotte closes today. The official numbers will be available today but according to the rumors circulated yesterday, the IPO book would have already been "covered".

Unieuro: IPO closes, book already hedged

(Teleborsa) – The IPO (Initial Public Offering) of Unieuro which will take the company towards Palazzo Mezzanotte closes today. The official numbers will be available today but according to the rumors circulated yesterday, the IPO book would have already been "covered".

The IPO of Uniero started on 20 March and concerns 8,5 million shares, equal to 42,5% of the capital of the electronics and household appliances group in Italy.

The price range is between 13 and 16,5 euros per share which values ​​the company at between 260 and 330 million euros. The final price will be fixed at the end of the offer period, although some rumors indicate that the price could be in the low end of the range.

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