Sanlorenzo eyes valuation of up to 656 million euros in IPO
Share:
MILAN (Reuters) - Italy's Sanlorenzo said on Tuesday it would offer shares at between 16-19 euros each in its initial public offering, aiming to value the maker of luxury yachts at up to 656 million euros (563.52 million pounds).Sanlorenzo said it would offer 11 million shares or 31.9% of the company's share capital following a planned capital increase which is part of the offering.