Renk seeking free float that will enable share liquidity -CFO
BERLIN (Reuters) - Germany's Renk, which makes gear boxes for tanks, is seeking a free float that will ensure stock liquidity when it goes public on the Frankfurt Stock Exchange later this year, Renk CFO Christian Schulz said on Tuesday.
Schulz said discussions with investors were ongoing, and that it was still too early to talk about a valuation.
"We will have new insights in the next three weeks," he said.
(Reporting by Christina Amann, Writing by Friederike Heine, Editing by Rachel More)