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Largest IPO in almost 15 years is an immediate hit: what…

The IPO of chemical giant Azelis, with more than 1.7 billion euros the largest in our country since 2007, is an immediate success. The share, which started at 26 euros each, quickly shot up ten percent on Friday. Is now the time to buy shares together? We asked stock market expert Pascal Paepen.

Azelis is a chemical distributor with more than 2,800 employees and about 60 laboratories located all over the world. It’s not a Belgian company – it’s owned by the immensely wealthy Swedish Wallenberg family…

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