Linklaters advises the Joint Global Coordinators on the IPO of Italian design brands on Euronext Milan, Italy’s main stock market

Linklaters advises the Joint Global Coordinators on the IPO of Italian Design Brands on Euronext Milan, Italy’s main stock exchange. Linklaters advises the Joint Global Coordinators on the IPO of Italian Design Brands on Euronext Milan, Italy’s main stock exchange. The offer was made as part of an institutional placement, which brought in around EUR 70 million (excluding an over-allotment option) as part of a capital increase. The existing shareholders were also granted a so-called greenshoe option to purchase additional ordinary shares at the offer price.

Citigroup and Equita acted as joint global coordinators and joint bookrunners. Equita also acted as listing agent for listing purposes.

This is the third IPO (excluding market transfers and similar transactions) in 2023 on Italy’s main exchange, Euronext Milan. Linklaters Italy was involved in all three transactions, confirming its position as a reference company in this field.

The Linklaters team involved in the transaction was led by partner Ugo Orsini, flanked by lawyer Cheri De Luca, managing partner Marta Fusco, partners Daniele Casà and Maria Stella Cassano and intern Alessia Intonti.