Renk considering IPO to strengthen international position, growth

Kitco Media
By Reuters
Published:
Updated:
Reuters
BERLIN, Feb 27 (Reuters) - German transmissions maker Renk is considering an initial public offering (IPO), but no decisions have been taken at this stage, the company said in a statement on Monday. A listing is one of multiple options the company is considering as it seeks to strengthen its international position and growth, it said. (Reporting by Christoph Steitz, Writing by Friederike Heine, Editing by Rachel More)

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