Strong figures aid Adler IPO as four others fail to price

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Strong figures aid Adler IPO as four others fail to price

German retailer Adler Modemaerkt confounded expectations on Tuesday when it completed its Eu101.1m IPO the day after France’s Verallia and the Netherlands’ Agendia were forced to postpone their listings — and ahead of two other European deals being shelved this week (see separate story).

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