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Switzerland: Exercise of over-allotment brings Galderma listing to CHF2.3bn

Switzerland: Exercise of over-allotment brings Galderma listing to CHF2.3bn

Galderma, the pure-play dermatology business that recently listed on the SIX Swiss exchange, has taken total size of the transaction to around CHF2.3bn (US$2.54bn) with the full exercise of the 15% over-allotment option. Some additional 5,626,592 shares were sold to the global coordinators by sellers EQT, ADIA and Auba Investment at...