Kion Group, the world's second-largest forklift manufacturer, may go ahead with an initial public share offer later this year, according to a report by Reuters,
The news organisation reports that up to 25% of Kion is likely to be listed, thus valuing the whole company at around €2.5bn. The sale is likely to be one of Germany’s largest-ever IPOs. Kion was formed in 2006 when it was split off from the Linde group. Chinese company Shandong Heavy Industry Group bought…
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