Knaus Tabbert prices Frankfurt listing at bottom of range

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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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