AB Science planning IPO

AB Science S.A. (Paris, France) plans to sell 1.3 million shares at EUR 13.95-EUR 17.05 in an IPO on Euronext Paris and a private placement outside the U.S. If sold in full at the midpoint of EUR 15.50, the company would raise EUR 20.2 million ($27.6 million) and be valued at EUR 470.2 million ($640.2 million). The offer, which is underwritten by Societe Generale and Fortis Bank Nederland, is expected to close on April 20. The first day of trading is slated for April 22. Selling shareholders plan to offer 2.3 million shares in the deal. ...