By  on July 10, 2018

MILAN — The Italian Stock Exchange has approved the public listing of Italian high-end children’s wear firm Monnalisa SpA on the Alternative Market of Capital segment. The first day of trading is expected to be Thursday.

WWD reported in May that the company, which marks its 50th anniversary this year, was eyeing an initial public offering. The procedures to list on AIM, which targets small and medium-size firms, are much faster and more streamlined than on the Bourse. Fiat heir Lapo Elkann’s Italia Independent is listed on this segment, for example.

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