Online clothing stores will soon be listed on the stock exchange, and the bandwidth of the share will be between 21 and 26 euros.
The company announced the deposit yesterday. A visit to the financial market will determine the final sale price of the new shares.
If the price drops to the bottom, 21 euros per share, the Germans will receive 600 million euros from the OTTO Group. The upper limit of this range will bring in 740 million new working capital.
Valuation of European operating companies about you Approximately 4 billion euros.
The first trading day is expected to be Wednesday, June 16.
Free float is approximately 21.5%. This represents the number of freely traded shares in Frankfurt.