Novem Group navigates tricky IPO market

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Novem Group navigates tricky IPO market

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H2KMDM Frankfurt Stock Exchange building (Frankfurter Wertpapierborse or FWB), Borsenplatz, Frankfurt, Hesse, Germany | Alamy Stock Photo

Novem Group, the German car parts supplier, is targeting a valuation of up to €830m in ts IPO on the Frankfurt Stock Exchange, it revealed on Thursday.

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