Dolomiti Energia hires banks for 3 billion euro Milan IPO

Italian utility Dolomiti Energia hired Intesa and Goldman Sachs for a potential October IPO. The listing could value the group at over 3 billion euros.

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Dolomiti Energia is preparing an IPO in Italy that could value the utility at more than €3B. INTESA SANPAOLO and GOLDMAN SACHS GROUP INC will lead the offering, people familiar with the matter said. The listing would provide a rare boost to Milan's blue-chip index following several high-profile delistings.

Utility Targets €3B to €4B Valuation

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