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Agennix raises EUR 78.4 million
October 1, 2010 10:57 PM UTC
Agennix AG (Xetra:AGX) raised EUR 78.4 million ($105.6 million) through the sale of 20.6 million shares at EUR 3.81 in a rights offering and private placement. Shareholders were eligible to purchase one share for every share held. Shares not subscribed in the rights offering were purchased by new institutional investors in the private placement or by shareholder dievini Hopp BioTech. dievini Hopp now holds 59% of Agennix. Piper Jaffray and WestLB were joint global coordinators for the offering. ...