EuroGroup IPO headed for top half of valuation range -bookrunner

LONDON (Reuters) – Investors vying for a slice of Italian industrial company EuroGroup in its initial public offerings (IPO) have been told to place orders at the upper end of the deal price range to avoid being outbid, according to a bookrunner message on Monday.

Orders below 5.50 euros per share risk missing out as indicated demand exceeds the deal size.

(Reporting by Pablo Mayo Cerqueiro; Editing by Andrew Heavens)