Italian operator NTV selects three banks for IPO

Italian rail operator NTV has selected Banca IMI, Golden Sachs and Credit Suisse to prepare next year’s listing, sources close to the file said. NTV has already organised a first reunion with these three banks, said one of the sources. Banca IMI is the division of the Italian bank Intesa Sanpaolo which owns 19% of NTV’s capital.
NTV is to be listed in the first half of next year. The Italian company reported a turnover of EUR 329 million in the first nine months of the year, a 26% increase, and an EBITDA of EUR 114.8 million in the same period, a 79% increase.


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