Italy's NTV plans to list before national elections

Italian high-speed rail firm NTV plans an initial public offering (IPO) of its shares before national elections, due early next year, one source close to the matter said on Thursday. Italy's national election is expected to be held on March 4. A second source said the IPO would likely happen in February.
"NTV will be the first big IPO of 2018," the first source said, adding there was strong interest given that NTV would be the first high-speed operator in Europe to float. "The company wants to list in the first quarter and before the vote, although obviously they will have to see how the market situation develops," the person added.