Moleskine targets €560m pricing

Italian notebook maker Moleskine yesterday launched the roadshow for its initial public offering (IPO), aiming to be valued at €560m (£481m). Over the weekend the firm set a price range of €2 to €2.65 per share for the IPO, which is expected to be completed this month. CEO Arrigo Berni said Moleskine expected to open stores in Shanghai and Beijing this year, with Latin America also among its expansion plans.