JEF

Caravan manufacturer Knaus Tabbert to announce IPO next week - sources

Credit: REUTERS/BENOIT TESSIER

MUNICH, Aug 28 (Reuters) - German caravan maker Knaus Tabbert is planning to announce its initial public offering (IPO) in Frankfurt next week with a targeted market value of 800 million euros ($952 million), sources familiar with the matter said.

In 2018, Knaus Tabbert shelved plans for an IPO as it sought other ways to finance its expansion plans.

($1 = 0.8400 euros)

(Reporting by Alexander Hübner in Munich und Hans Seidenstücker in Frankfurt; writing by Riham Alkousaa; editing by Thomas Seythal)

((Riham.Alkousaa@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.