MILAN — Italian Design Brands, one in all the nation’s largest high-end furniture and design holdings, confirmed Tuesday that its initial public offering will go ahead as planned throughout the first half of the yr, market conditions permitting.
Established in 2015 by Private Equity Partners and a select group of investors through an organization called Investindesign, the Milan-based company plans to list its shares on the Euronext exchange and maybe the Star segment of the Milan Stock Exchange, its chairman and chief executive officer Andrea Sasso told WWD in an announcement.“IDB’s listing project on Euronext Milan and, if the conditions are right, on the Star segment, stays valid and confirmed for the primary half of this yr, market conditions permitting,” Sasso said....
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