Merck KGaA says 6.2 mln new shares placed at 87.00 eur/shr UPDATE |
|
|
|
Published
:
Wed, 24 Jan 2007 12:00
|
(Adds details)DARMSTADT, Germany (AFX) - Merck KGaA said that E. Merck OHG, the company that oversees the Merck family's 73 pct stake in the drugmaker, has placed around 6.2 mln new Merck shares at 87.00 eur each.Of the total 539 mln eur raised in the transaction, around 484 mln will go to Merck KGaA and roughly 56 mln to Merck OHG, according to a Merck KGaA spokeswoman.The shares were allocated to E. Merck OHG as part of Merck KGaA's capital increase announced last week.The private placing was managed by a consortium of banks led by Deutsche Bank AG, Citigroup Global Markets Ltd and Goldman Sachs International.newsdesk@afxnews.comjfb/jsa/jfb/twCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
|
|
|
|
Print this Story
Merck KGaA announces 2.05 bln eur capital increase, issues 13.3 mln new shares 