Italian Design Brands, one of the nation’s largest high-end furniture and design holdings, confirmed that its initial public offering will go ahead as planned within the first half of the year.
Italian Design Brands, one of the nation’s largest high-end furniture and design holdings, confirmed Tuesday that its initial public offering will go ahead as planned within the first half of the year, market conditions permitting.
“IDB’s listing project on Euronext Milan and, if the conditions are right, on the Star segment, remains valid and confirmed for the first half of this year, market conditions permitting,” Sasso said. “The IPO is a tremendous pull factor for our companies, which will help bring in new talent and top-level managers,” he added.
The 2022 pro-forma data was compiled in accordance with the IFRS international accounting standards to include the 12-month results of two recent acquisitions.
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