Italian pencil maker Fabbrica Italiana Lapis ed Affini SpA (Fila), which holds a 51% stake in Indian stationary maker DOMS, has approved an initial public offering (IPO) of the latter. Fila has committed to selling €90m ($99m) worth of shares in DOMS while staying on as the largest shareholder after the IPO. The listing is scheduled to close by the end of 2019.
