UPDATE 1-Octo Telematics IPO on hold as Russian shareholder hit by sanctions - sources
April 12, 2018 at 07:50 AM EDT
MILAN/LONDON, April 12 (Reuters) - Italy's Octo Telematics has put a planned initial public offering on hold after sanctions were imposed on controlling shareholder Renova Holdings and on Renova's Russian chairman, Viktor Vekselberg, two sources said on Thursday.