Schott Rises After €813 Million IPO, Germany’s Biggest This Year

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Schott Pharma AG shares rose as much as 13% as it started trading in Frankfurt after the specialty medical-glassware firm’s €813 million ($854 million) initial public offering, the biggest in Germany this year.

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Germany’s Schott Raises €813 Million in IPO of Medical-Glass ArmSchott AG will raise at least €813 million ($854 million) from the initial public offering of its specialty medical-glassware unit, marking the biggest German stock listing this year.
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