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Institutional Part in Fincantieri IPO Still Not Fully Covered

The part reserved to institutional investors in the initial public offering of Italian shipbuilder Fincantieri was still not fully covered as of Wednesday evening, two sources close to the matter said on Thursday. The company is likely to increase the percentage of shares it has reserved for retail investors which have shown big interest in the IPO so far, the sources added. "There's been very good demand from retail investors...