Degussa readies Zentaris for IPO

Degussa readies Zentaris for IPO

Degussa has begun preparations for its biotech subsidiary Zentaris, to be floated on the Frankfurt Stock Exchange on June 18. The initial public offering, which values Zentaris at up to EUR290 million ($246 million), is the first stage in the sale of Degussa's pharmaceuticals subsidiary Asta Me...

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Veröffentlicht in:Chemical Week 2001-06, Vol.163 (23), p.17-17
1. Verfasser: Hume, Claudia
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Chemical industry
Flotation
Initial public offerings
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description Degussa has begun preparations for its biotech subsidiary Zentaris, to be floated on the Frankfurt Stock Exchange on June 18. The initial public offering, which values Zentaris at up to EUR290 million ($246 million), is the first stage in the sale of Degussa's pharmaceuticals subsidiary Asta Medica.
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subjects Chemical industry
Flotation
Initial public offerings
Subsidiaries
title Degussa readies Zentaris for IPO
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