MILAN — Moncler S.p.A. said Wednesday that joint global coordinators Goldman Sachs International, BofA Merrill Lynch and Mediobanca — Banca di Credito Finanziario, exercised the Greenshoe option for a total number of 10.02 million shares. The purchase price for each share was set at 10.20 euros, or $14.03 at current exchange, the final offer price of Moncler’s initial public offering, for a total amount of 102.2 million euros, or $140.64 million.
With the Greenshoe, 76.82 million shares were sold through the IPO, representing 30.7 percent of the company’s corporate capital amounting to more than 783.56 million. Moncler’s selling partners are ECIP M., controlled by Eurazeo SA; CEP III, controlled by The Carlyle Group, and Brand Partners 2, controlled by Progressio Investimenti.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"