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Moncler IPO shows strong investor appetite

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Moncler IPO shows strong investor appetite
Moncler IPO prices at top of range, indicating strong investor appetite
December 11, 2013 2:07 PM
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moncler moncler sale moncler womens jackets MILAN (AP) -- The Italian luxury down jacket maker Moncler says investors sought more than 31 times the stock offered in its initial public offering. moncler outlet store Moncler said in a statement Wednesday that the company's market capitalization based on the final price of 10.20 euros ($14.06) is euros 2.5 billion euros ($3.44 billion). women moncler boots The share sale indicated renewed investor appetite in Europe, with institutional investors, allotted 90 percent of the shares on offer, making orders for more than 20 billion euros. moncler outlet online Moncler shares are set to begin trading on Monday. It floated about 27 percent of its shares for a partial buyout of strategic funds. Chairman and creative director Remo Ruffini retains his 31.9 percent stake. IPOs Investment & Company Information Moncler
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