Italy’s De Nora delivers on IPO, but prices at bottom of range
Industrie De Nora (IPO-DENR.MI) will become the first company to debut on Italy’s main market since Russia’s invasion of Ukraine derailed new listings, though it priced its share sale at the bottom of an indicative range.
Italy’s Ali Group hungry for bigger slice of U.S. fast-food market
Italian family business Ali Group expects its planned takeover of U.S. catering equipment rival Welbilt to boost sales as Americans’ appetite for takeaways and meal delivery drives a resurgent U.S. fast-food market, the company told Reuters.
