Indian unit of Italy's FILA approves listing

FILA Fabbrica Italiana Lapis ed Affini SpA

21/07/2023 17:58

July 21 (Reuters) - Italian pencils and creative tools
maker F.I.L.A.  FILA.MI  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.
    
($1 = 0.8994 euros)

 (Reporting by Alessandro Parodi and Luca Fratangelo, editing by
Gavin Jones)
 ((Alessandro.Parodi@thomsonreuters.com;))