Asta Energy Jumps 46% in Frankfurt Debut After €165 Million IPO

Kronen Zeitung

Right

Factuality

Ownership

Entrepreneur Michael Tojner brings the copper specialist Asta to the stock exchange, the start has been successful with a price rally. The Group is thus raising some 200 million euros of capital, which is to flow mainly into the expansion of the factories. The manufacturer of components for transformers is fully booked for 7 to 10 years, the energy turnaround gives strong tailwind.

Tagesschau

Center

Factuality

Ownership

The copper specialist Asta Energy Solutions goes on the stock exchange - and can surprise you promptly. The company from Austria makes the beginning, more stock market newcomers are likely to follow. By Paula Protzen.

Handelsblatt

Lean Right

Factuality

Ownership

The Austrian copper specialist is listed on the stock exchange in Frankfurt. The share is growing strongly at the start. The money from the IPO could be used for investments in the USA.

Kurier

Factuality

Ownership

Price climbs up by up to 46 percent in the first hours of trading. Fresh money is expected to expand into the USA.