The world's largest defense IPO: Prague's CSG rises over 30% on its first day of listing.
Czech defense company Czechoslovak Group made its debut on the Amsterdam Stock Exchange, with its share price soaring by 30% on the first day of trading. The company, headquartered in Prague, raised a total of 3.8 billion euros in its initial public offering. The pan-European exchange stated that this IPO was the largest defense IPO in global history, in terms of both financing amount and market value.
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