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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

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.


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