Headlines
Prosthetics maker Ottobock plans to raise $941 million in German IPO
Published by Global Banking and Finance Review
Posted on October 7, 2025
1 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 7, 2025
1 min readLast updated: January 21, 2026
Ottobock aims to raise $941 million in its German IPO, pricing shares at 66 euros each, with a valuation of 4.2 billion euros. Listing is set for the Frankfurt stock exchange.
(Reuters) -German prosthetics company Ottobock said on Tuesday it plans to raise about 807 million euros ($941.4 million) by pricing its planned initial public offering (IPO) at 66 euros per share.
The world's largest manufacturer of artificial limbs said that it will sell around 12.24 million shares at the upper end of its previously announced price range of 62-66 euros.
The firm said it expects a valuation of 4.2 billion euros at this pricing.
The company plans to list on the Frankfurt stock exchange on October 9.
($1 = 0.8573 euros)
(Reporting by Gursimran Kaur and Abu Sultan in Bengaluru; Editing by Shailesh Kuber)
An Initial Public Offering (IPO) is the process through which a private company offers shares to the public for the first time, allowing it to raise capital from public investors.
Valuation is the process of determining the current worth of an asset or a company, often used in investment and financial analysis to assess the potential return on investment.
Equity refers to the ownership interest in a company, represented by shares of stock. It signifies the value of ownership after all liabilities have been deducted.
Explore more articles in the Headlines category
