Senvion to offer shares in 20-23.50 euro price range 

March 7, 2016 8:48 AM

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FRANKFURT, March 7 Owners of German wind turbine maker Senvion will offer shares worth as much as 703 million euros ($770 million) in the group's planned stock market listing on the Frankfurt stock exchange, Senvion said on Monday.

The private equity owners of the group, Centerbridge and Arpwood, are offering up to 29.9 million shares worth 20 euros to 23.50 euros apiece, giving Senvion a market capitalization of 1.3 billion euros to 1.53 billion.

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