Hella Hueck debuts after second IPO leg

By Jon Hay
11 Nov 2014

Hella Hueck, the family-owned German car lights and electronics maker, made its stock market debut on Tuesday and traded up by 2.3%.

“It’s OK,” said an investor at a hedge fund in Germany who had bought some of the stock. “It’s trading €1 up. A sales trader was telling me it was sold at a 20% discount to fair value but the market seems to think differently.”

Citigroup and Bankhaus ...

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