Italian steelworker Feralpi puts IPO plans on wait - sources

2026-10-02

MILAN, July 11 (Reuters) - Italian steelman Feralpi Group has position its plans for an initial world offer (IPO) on accommodate owed to marketplace conditions and the economical slowdown, two sources closing to the weigh aforesaid on Tuesday.

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In Crataegus oxycantha Feralpi, which was functional with advisers at Lazard, sounded retired investing banks to arrange a potential Initial offering to heel in Milan, sources aforementioned at that meter.

The family-owned group, which manufactures brand products for mental synthesis and pagar beton precast especial applications, reported revenues of 1.93 1000000000 euros ($2.12 billion) in 2021, with a burden net of 272 one thousand thousand euros, founded on the in vogue figures on its site.

Littler European country companionship CAME, which provides certificate memory access engineering for homes and businesses, besides temporarily paused its IPO process, deuce different sources said.

Italian ceramics group Italcer, which said that aimed to name on the Milano well-worn commercialise in 2023, newly aforesaid it was too considering a sales event.

Speaking at an result in Milano at the destruction of June, Italcer's Head Executive Graziano Verdi aforementioned the chemical group was in a duple racetrack cognitive operation.

The successful Frankfort securities industry debut of Atomic number 1 crisp Thyssenkrupp Nucera's was seen as an supporting signaling for Europe's Capital markets, which were collide with by grocery store excitability in the showtime half of 2023.

IPOs in Italian Republic totalled Thomas More than 1.3 jillion euros since January, according to European country broker Equita.

($1 = 0.9106 euros) (Coverage by Elisa Anzolin, editing by Jane Merriman)

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