IPO Galenica Santé: Galenica announces narrowed price range and upsizing of the IPO
Press release, Monday, 3 April 2017
The Galenica Group today announced a narrowed price range of CHF 37.00 to CHF39.00 per share (before CHF 31.00 to CHF 39.00), implying a total market capitalisation of Galenica Santé of approxi-mately CHF 1,850 million to CHF 1,950 million.
Due to strong demand from a broad range of investors, Galenica Group has decided to upsize the base offering by 4,891,300 shares and the overallotment option by 733,700 shares, respectively. The upsized IPO consists of 42,391,300 ordinary registered shares and an upsized overallotment option of up to 6,358,700 shares in total.
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