Moleskine to list this month

Despite current political instability, which has shaken international markets, the GP has decided to proceed with the listing. "Moleskine carries an Italian passport but is a truly global business with a presence in 92 countries," Syntegra partner Marco Ariello told unquote".

Since Syntegra acquired a 75% stake in the company for around €60m in 2006, with the support of a senior debt package from Interbanca, sales have grown from €20.8m to hit €66.7m in 2011. EBITDA has gone from €8m to €29.1m in the same period.

Hoping to raise at least €300m, the Moleskine float is one of the most hotly anticipated events in Italian private equity.

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