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Electrolyzer company De Nora looks towards cornerstone investors to go ahead with its IPO

Italy's De Nora is banking on cornerstone investors to combat Europe's market volatility and go ahead with its IPO defying the current IPO drought in the region. It was seeking a valuation of up to 3.28 billion euros ($3.45 billion) in its IPO, which will be the first major listing in Milan since February this year.