Ottobock floats in 4.2 billion euro IPO in Frankfurt
09/10/2025 08:18
FRANKFURT, Oct 9 - German prosthetics firm Ottobock debuted on the Frankfurt Stock Exchange on Thursday, opening at 72 euros ($83.61) per share in the country's largest initial public offering in over a year. The world's leading manufacturer of artificial limbs said earlier this week it would raise about 808 million euros through the IPO, pricing its shares at the upper end of the previously announced price range of 62-66 euros. The offering valued the company at 4.2 billion euros. ($1 = 0.8611 euros) (Reporting by Charlie Conchie, editing by Kirsti Knolle and Ludwig Burger)