IIF files to list shares on Italian Stock Exchange
EmptyROME -- Production and distribution company Italian International Film has filed to list its shares on the Milan-based Italian Stock Exchange, stock market regulator Consob said Tuesday .
The 49-year-old company founded by producer Fulvio Lucusano has produced more than 500 films that have won four Nastri d'Argento (Silver Ribbon) awards, four Davide di Donatello awards, and two foreign oscar nominees. The company also produces television content and home videos.
Among the company's recent productions are Fausto Brizzi's "Notte Prima degli Esami -- Oggi" (Night Before Finals 2), one of Italy's top-grossing films so far this year, and "Cemento Armato" from Marco Martani, which raked in nearly $600,000 last weekend to debut at No. 6 on the Italian boxoffice chart.
According to Consob, a date for the initial public offering must be filed within 90 days.
Once complete, IIF will be one of only a small handful of Italian cinema industry companies to have its shares listed publicly.