Italian firms race for first listing on Star

Biesse, an Italian machine manufacturer, has been admitted for trading on Star, the middle market segment of Borsa Italia, as book-building starts for the flotation of GranitiFiandre, on the same segment.

Deutsche Bank and Mediobanca, a local investment bank, are joint global co-ordinators of Biesse's offer in which the company is selling 10.7 million new shares.

WSJ Logo
The Worst Performer in Billionaires’ Portfolios? Trophy Art.External link

The Worst Performer in Billionaires’ Portfolios? Trophy Art.