Medacta trades up after ‘textbook’ IPO

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Medacta trades up after ‘textbook’ IPO

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C55PH7 Artificial hip implants on blue background, studio shot | Alamy Stock Photo

Shares in Medacta Group, the Swiss maker of orthopaedic devices controlled by the Siccardi family, rose in the aftermarket on Thursday morning after a popular Sfr547m IPO that has been described as “textbook” by a banker at one of the global coordinators.

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