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People & Business :: Companies
DKSH Makes Stock Market Debut Following IPO
12:22 PM MDT | March 21, 2012 | Ian Young
DKSH (Zurich), a distribution and trading company, priced shares in its previously reported initial public offering (IPO) at SF48/share. The company placed 17.1 million shares with the public and with selected private and institutional investors, raising SF821 million ($896 million). The IPO is Europe's biggest since mid-2011. DKSH shares have begun trading on the Zurich stock exchange and had risen to SF50.70/share late this afternoon. "The interest and demand of institutional and private investors were exceptionally high," DKSH president and CEO...
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