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Italy , Thursday 16 April 2026

Third time lucky for Italy's De Nora family as shares hit market

Published on: Wednesday 29 June 2022

Third time lucky for Italy's De Nora family as shares hit market Italy's De Nora family will be relieved that the electrode manufacturer managed to make it on to the Milan Stock Exchange on Thursday after previous attempts to list businesses were thwarted by external crises. "At the beginning of the century, we were on the brink of listing our fuel cells unit Nuvera in the United States, but the dot-com bubble and the 9/11 financial consequences blocked the attempt," said Federico De Nora, chairman of Industrie De Nora. De Nora is the first company to list on the main Milan market since the conflict began, with the shares priced at the bottom of the range but a valuation of 2.7 billion euros ($2.8 billion).


News source: https://finance.yahoo.com/news/third-time-lucky-italys-nora-072847442.html

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