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Moncler Wraps Up Road Show

The company said retail investors’ share requests exceeded 14 times the number of shares offered to the public in Italy.

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ABOVE AND BEYOND: Moncler, which closed its road show on Wednesday, said Thursday retail investors’ share requests exceeded 14 times the number of shares offered to the public in Italy. With the shares priced at 10.20 euros each, or $14.07 at current exchange, the total net proceeds from the offering is 989 million euros, or $1.36 billion. Moncler’s first day of trading is set for Monday on the Milan Stock Exchange.

RELATED STORY: Moncler Prices Shares for IPO >>

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