Knaus Tabbert prices Frankfurt listing at bottom of range

By Sam Kerr
23 Sep 2020

Shares in Knaus Tabbert, the German maker of caravans and motor homes, were almost flat in trading on Wednesday following the company’s €232m IPO on the Frankfurt Stock Exchange. The deal was the first of two German IPOs this week.

Knaus Tabbert’s stock was trading at €57.60 by late Wednesday morning in Frankfurt, below the €58.00 IPO price. It was trading at €56.70 on Thursday afternoon.

Knaus Tabbert fixed the final offer price at the bottom of the initial €58-€74 range on Tuesday evening, valuing the company at ...

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