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Yoox Said Taking Steps to Accelerate IPO
MILAN
Online retailer Yoox Group is stepping up preparations for its initial public offering and could list before yearend, despite the delicate state of the financial markets, according to sources.
The Bologna, Italy-based e-tailer aims to file the necessary documentation to the Italian stock market regulatory body Consob by September or early October, sources said. The commission usually takes 60 days to approve a prospectus, meaning Yoox could float in December at the earliest. Goldman Sachs...