Lottomatica sets IPO price at 9-11 euros per share

Kitco Media
By Reuters
Published:
Updated:
Reuters
MILAN, April 20 (Reuters) - Italian gambling group Lottomatica said on Thursday it had set the price for its initial public offering (IPO) in Milan between 9 and 11 euros per share. Lottomatica, owned by U.S. fund Apollo Global Management , said that the IPO would consist of new and existing shares and the proceeds would be up to 600 million euros
($657.96 million). ($1 = 0.9119 euros) (Alessia Pé, editing by Gianluca Semeraro)

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