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Italy’s Sisal sets IPO price range; begins institutional placement

2nd July 2014 9:20 am GMT

Italian gaming operator Sisal has received approval to list its shares on the Italian Stock Exchange, with the institutional placement of shares set to begin today.

The company announced the approval Monday and said it intends to offer a maximum of 77.5m shares representing 59.16 per cent of its issued share capital, at an indicative price before a planned capital increase of between €6.30 and €7.70 per share.

The global offer consists of a public offering [...]

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