News Formal

Italy's Technoprobe aims for market cap of up to 4 billion euros in IPO - sources

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

MILAN : Italian microelectronics company Technoprobe aims for a market value of up to 4 billion euros ($4.55 billion) in its initial public offering on the Milan stock exchange, two sources close to the matter said on Tuesday. The group, which is the world's second-largest manufacturer of so-called probe

MILAN : Italian microelectronics company Technoprobe aims for a market value of up to 4 billion euros in its initial public offering on the Milan stock exchange, two sources close to the matter said on Tuesday.

The group, which is the world's second-largest manufacturer of so-called probe cards used for the functioning of chips, said earlier on Tuesday it planned to launch the share offering by the end of the first quarter, aiming for a free float of around 20per cent post listing. The group reported revenues of 329.5 million euros in 2020 with a core profit of around 159 million euros.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Cinda, under Beijing pressure, scraps $944 million investment in Ant unit -sourcesChina Cinda Asset Management Co Ltd scrapped a deal to buy a 20per cent stake worth about $944 million in fintech giant Ant Group's consumer finance arm because of pressure from state authorities, people with knowledge of the matter said.Cinda, one of the four biggest state-owned asset management companie
Källa: ChannelNewsAsia - 🏆 6. / 66 Läs mer »