Poland's Arlen debuts 10% above IPO price in Warsaw
ReutersJun 24, 2025 7:05 AM
GDANSK, June 24 (Reuters) - Shares of Polish protective clothing maker Arlen Group ARL1.WA rose 10% on their stock market debut on Tuesday, marking Warsaw's second initial public offering (IPO) this year.
The company had priced its IPO at 35 zlotys per share, raising 270.9 million zlotys ($73.7 million) and giving it a valuation of 775 million zlotys. Tuesday's debut price of 38.5 zlotys increased the company's valuation to 852.1 million zlotys.
($1 = 3.6746 zlotys)
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