Gestamp Automoción launches IPO after stellar earnings

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Gestamp Automoción launches IPO after stellar earnings

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Spain's King Filipe VI (C) poses with Gestamp CEO Francisco J. Riberas (C, L) and young employees wearing the company name on their T-shirts at the Gestamp auto industry metal works in Bielefeld, Germany, 02 December 2014. Photo: OLIVER KRATO/dpa | Oliver Krato/DPA/PA Images

Gestamp Automoción, the Spanish car parts maker, has begun investor education for what is likely to be the largest European IPO of the year so far, after its Ebitda grew by 10.6% in 2016.

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