Brenntag gains, Nomura promotes: Monday’s European ECM wrap

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Brenntag gains, Nomura promotes: Monday’s European ECM wrap

Brenntag shares gained 8% on their first day of trading in Frankfurt on Monday. The chemicals distributor priced a Eu747.5m IPO on Friday at Eu50 a share, the middle of the wide Eu46-Eu56 range. The range was narrowed to Eu48-Eu52 a day before pricing.

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