Ferragamo is valued up to 36 times earnings
Salvatore Ferragamo was valued at 27.6-36.2 times its 2010 net profits for its initial public offering (IPO), launched on June 13 and scheduled to end on June 23. The price range for the transaction was set at €8-10.50 per share and represents a market capitalization of €1.347-1.768 billion.
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