ENAV IPO, offer already covered 5 times with a price range between €2.9 and €3.5

Italian air traffic control operator’s institutional part of the offer is already covered many times. The same is true for the retail share. Long-term American, Canadian and Australian investors have made significant reservations. The final price should near €3.2 or €3.3, bringing revenues for the Treasury to €740- €750 million. The public offer terminates on Thursday, July 21...