Klingelnberg Group IPO covered across range in a day

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Klingelnberg Group IPO covered across range in a day

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Six silver gears in a row on the same colored background | usage worldwide | Klaus Ohlenschläger/DPA/PA Images

The Swiss listing of Klingelnberg, the German family-owned gear engineering company, got off to a flying start and was covered across its range within 24 hours of launching the deal.

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