Klemurs IPO 9 times oversubscribed

Klemurs has announced the successful placing of 6.8% of its shares, including the over allotment option, at a price of EUR 20 per share during a fixed-price offering on December 6. Demand was 9.4 times above the size of the offering, Klemurs, a subsidiary of French real estate group Klepierre, said in a statement.

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