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Germany's Ottobock to wait until September to list amid choppy markets - sources

Published on: Friday 18 February 2022

Germany's Ottobock to wait until September to list amid choppy markets - sources German artificial limb maker Ottobock is waiting until September to launch its multibillion-euro stock market listing because of choppy financial markets, four people with knowledge of the matter said. Many investors had expected the business, which could be valued at more than 5 billion euros ($5.7 billion), to float in the first six months of the year, after it engaged banks to prepare last summer. Now Ottobock has decided to bide its time ahead of a listing in Frankfurt, the people said.


News source: https://finance.yahoo.com/news/germanys-ottobock-wait-until-september-152829593.html

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