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ARTICLE | Financial News

Bavarian Nordic raises $59 million

February 3, 2010 12:32 AM UTC

Bavarian Nordic A/S (CSE:BAVA) raised DKK316.8 million ($59 million) through the sale of 4 million shares at DKK80 in a previously announced rights issue. Shareholders were eligible to purchase one share for every two held. Nordea Markets and SEB Enskilda were lead managers. ...