Renk to price €350m IPO at bottom of the range

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Renk to price €350m IPO at bottom of the range

Augsburg, Germany. 08th May, 2023. The teeth of a gear are partially painted at the Renk company. Renk produces and services gearboxes at its Augsburg site with around 1600 employees, primarily for military use. Credit: Stefan Puchner/dpa/Alamy Live News

Sentiment in equity markets has plummeted over the past fortnight

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