By  on April 16, 2012

MILAN — After receiving the approval to list on the Milan Stock Exchange, Brunello Cucinelli SpA on Friday priced its initial public offering of shares at between 6.75 euros, or $8.87 at current exchange, and 7.75 euros, or $10.20, valuing the company at between 405 million and 465 million euros, or $532.3 million and $611.2 million.

Including a capital increase, the Italian luxury fashion firm is assessed at between 459 million and 527 million euros, of $603.3 million and $692.7 million.

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