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The Nexus
BUSINESSJun 4 · 16:41 UTCBLOOMBERGMatthew Griffin

Power Equipment Firm Innio Rises 15% After $2.43 Billion IPO

Gas engine manufacturer Innio Holding GmbH raised $2.43 billion in an upsized initial public offering that priced at the top of the range. The company's stock rose 15% following the IPO, with CEO Olaf Berlien ringing the opening bell at Nasdaq MarketSite in New York.

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