Elvira Pollina on Muck Rack

Elvira Pollina

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Milan
As seen in: Reuters, MSN, MSN Brasil, MSN Canada, MSN Singapore, UOL, Daily Mail, ETCIO, ETTelecom, MSN España, MSN France and
classe 1983, giornalista economico-finanziaria @Reuters, appassionata di calcio, tecnologia e videogiochi. Opinioni solo mie. RT not endorsement.
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Articles

Italy's Bending Spoons, owner of AOL and Vimeo, valued at $20 billion in US market debut

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By Arasu Kannagi Basil Verified, Elvira Pollina Verified
| MarketScreener
July 1 (Reuters) - Bending Spoons shares jumped nearly 7% in their U.S. market debut on Wednesday, valuing the Italian technology company at $19.7 billion in a listing closely watched for signs of a broadening recovery in the U.S. IPO market. The Milan-based company's stock opened at $31 apiece, compared with the $29 offer price. The listing tests investor appetite for software companies after the industry was hammered earlier this year by fears that AI could disrupt established business models.
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Vimeo owner Bending Spoons prices IPO at above target range to raise $1.68 billion

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By Echo Wang Verified, Elvira Pollina Verified
| MSN UK Verified
By Echo Wang and Elvira Pollina June 30 - Bending Spoons, owner of the video platform Vimeo and the internet services company AOL, priced its U.S. initial public offering above its targeted range at $29 per share on Tuesday, raising $1.68 billion in a rare software IPO as the sector grapples with disruption from AI. The Italian software company and its existing shareholders sold about 58 million shares in one of the largest IPOs by a European company this year.
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