Italian company F.I.L.A.’s Indian unit DOMS approves IPO

Reuters Updated - July 22, 2023 at 09:39 AM.

FILA intends to offer DOMS shares valued at approximately €90 million, while retaining its position as the company’s largest shareholder even after the IPO.

The listing is anticipated to conclude by year-end.

Italian pencils and creative tools maker F.I.L.A. said on Friday the board of its Indian unit Doms had approved an initial public offering.

FILA committed to offer for sale DOMS shares worth around 90 million euros ($100.07 million), remaining the company's single-largest shareholder post IPO.

The listing is expected to close by the end of the year, it said.

Published on July 22, 2023 04:03

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