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Chemical Week Magazine :: Newsbriefs
IMCD expands IPO
6:51 AM MDT | July 18, 2014
IMCD Group (Rotterdam) says that, following its recent initial public offering, the option to sell an additional 15% of the total number of shares offered in the IPO has been exercised in full. The London branch of Deutsche Bank exercised the overallotment option granted by Bain Capital, IMCDâ€™s biggest shareholder, in respect of 3.3 million overallotment shares, IMCD says. The additional shares were sold at the IPO price of â‚¬21/share ($28). IMCDâ€™s IPO comprises 25.3 million shares following the exercise of the overallotment option. As a result, 50.6% of the...
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