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Innogy’s €5bn IPO largest in Germany since 2000

Innogy’s €5bn IPO largest in Germany since 2000

RWE’s renewables and grids unit Innogy debuted on the stock exchange with an issue volume of €5bn ($5.56bn), making it the largest IPO in Germany since 2000, but stocks fell on its first day of trading after being placed at the top end of the price range at €36.

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