MorphoSys raises EUR 115.4M in private placement

MorphoSys AG (Xetra:MOR; Pink:MPSYY) raised EUR 115.4 million ($123.8 million) through the sale of 2.6 million shares at EUR 44 in a private placement underwritten by Deutsche Bank and JPMorgan.

MorphoSys gained EUR 0.44 to EUR 48.24 on Tuesday. It both proposed and priced the offering after market hours in Frankfurt...