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MILAN, Italy -- Piaggio & C. SpA, the maker of the iconic Vespa scooter, defied weak market conditions that have derailed other planned public offerings recently to see its shares surge above the IPO price in their debut Tuesday. Demand was so strong that the Borsa Italiana briefly suspended trading after shares soared 14 percent to 2.62 euros ($3.35), with more than 21 million shares changing hands. The shares had opened at 2.50 euros ($3.19), 8.9 percent above the IPO price of 2.30 euros ($2.90) and giving the company a value of 965 million euros. They closed up 6.9 percent at 2.46 euros ($3.14).
...," Roberto Colaninno, whose holding company Immsi owns a majority share of Piaggio, said at the Bors...
To: CITY EDITORS Contact: Kevin Andrews of Piaggio Group Americas, +1-212-380- 4406, KAndrews@piaggiogroupusa.com; or Heather Silverberg of Access PR, for Piaggio Group Americas, +1-917-522-3503, HSilverberg@accesspr.com
...The Piaggio Group is controlled by Immsi S.p.A., an industrial and services holding listed ...
...The Group is controlled by Immsi S.p.A., an industrial and services holding listed ...
Microsoft execs comment on delay Microsoft Corp.'s customers will never again face as long a wait between new versions of Windows software as they're enduring now, Chief Executive Steve Ballmer vowed Tuesday. Meanwhile, Chairman Bill Gates said the company's much-delayed Vista operating system is likely - but not guaranteed - to reach the market by January.
...Holding company Immsi bought Piaggio in 2003 as it tottered on the brink...
...- Showa . - Eberspaecher . - Polaris . - IMMSI . - Akebono Brake . - Ichikoh . - Haldex . - Faure...
...The Piaggio Group is controlled by Immsi S.p.A., an industrial and services holding listed ...
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