Italian gaming operator SISAL has pulled out of plans for an initial public offering (IPO) which would have valued the company at approximately €1bn.
The company had announced plans earlier this month to list its shares on the Italian Stock Exchange on July 18th, by offering a maximum of 77.5m shares representing 59.16 per cent of its issued share capital.
SISAL confirmed Friday however that it had decided to pull its IPO plans, citing unfavourable market conditions [...]
