Prosthetics Manufacturer Ottobock Mulls German IPO, FT Says, Citing Sources

Dow Jones

2025/03/03

--Prosthetics maker Ottobock is planning to float in Germany in the second half of this year, the Financial Times reports, citing unnamed sources.

--The company is looking to raise about 1 billion euros ($1.04 billion) as part of any IPO, but no final decision has been made, the FT says.

--Ottobock has mandated Deutsche Bank, Goldman Sachs, BNP and law firm Freshfields to prepare for its IPO, the FT says.

Full story: https://tinyurl.com/4wfh7hs3

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

March 03, 2025 02:35 ET (07:35 GMT)

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