Home FEATURED NEWS Italy’s FILA exploring choices to help Indian unit Doms

Italy’s FILA exploring choices to help Indian unit Doms

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MILAN, May 31 (Reuters) – Italian pencils and inventive instruments maker F.I.L.A. (FILA.MI) stated on Wednesday it was exploring choices to help its Indian enterprise.

The Italian group is taking a look at an preliminary public providing among the many choices for its unit Doms, with the goal of sustaining management over its methods, a supply near the matter stated on Wednesday.

Earlier this 12 months, IFR reported that Indian stationery firm DOMS Industries was working with ICICI Securities, IIFL Securities and JM Financial on a home IPO price round $100 million, in line with individuals with data of the transaction.

The Italian group expects a mid-single digit natural income progress in 2023, led by India and Mexico and boosted by a restoration in North America.

Reporting by Elisa Anzolin, enhancing Federico Maccioni

Our Standards: The Thomson Reuters Trust Principles.

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