Vincorion Shares Gain on Market Debut as Investors Eye Rising Defense Demand

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Vincorion-IPO: Why the allocation of 10 shares for private investors hardly works – and who really earned the money at the IPO.

Welt

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The armaments industry in Schleswig-Holstein is growing, recording full order books and thousands of applications for workers. The company Vincorion, based in Wedel, was first listed on the stock exchange on Friday.

Handelsblatt

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The list is not long, but it is getting longer: Vincorion is another German armaments company on the stock exchange, others are already there. It's about tanks, ships, ammunition and marine technology.

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aachener-zeitung.de

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+8 Reposted by 8 other sources

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The list is not long, but it is getting longer: Vincorion is another German armaments company on the stock exchange, others are already there. It's about tanks, ships, ammunition and marine technology.

rnd.de

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Vincorion successfully goes through its IPO. The rest of the market has to fight fiercely. Three weeks of Middle East war leave deep traces.

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Shares of German defense supplier Vincorion opened 13.5 percent higher in their Frankfurt IPO on Friday, and at one point rose as much as 17 percent. The multiple oversubscription of the offering signaled strong investor demand.