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Home > News > German ITN Nanovation eyes 50 mln euro IPO

May 19th, 2006

German ITN Nanovation eyes 50 mln euro IPO

Abstract:
German nanotechnology firm ITN Nanovation plans to float in June, selling shares worth up to around 50 million euros ($64 million), sources familiar with the deal said. The firm, which makes coatings for power plants for German firms, plans to make an initial public offering (IPO) to finance expansion abroad.

Source:
reuters.com

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