German Prosthetics Maker Ottobock Plans Fresh IPO Attempt

Ottobock SE, a provider of orthopedic technology and prosthetics, is planning an initial public offering in Frankfurt this year, adding to a wave of companies testing the waters that could help boost Europe’s market for new listings.

The offering will consist of existing stock by the company’s sole shareholder, the billionaire Näder family, and about €100 million ($117.3 million) in new shares, according to a statement Monday.