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ARTICLE | Financial News

MorphoSys planning private placement

September 19, 2013 1:29 AM UTC

MorphoSys AG (Xetra:MOR; Pink:MPSYF) proposed late Wednesday to sell up to 1.5 million shares in a private placement to institutional investors. If sold in full at Wednesday's close of EUR 55.76, the company would raise about EUR 84.4 million ($112.8 million). Deutsche Bank and JPMorgan are joint bookrunners. Trout Capital is financial advisor to MorphoSys. MorphoSys was off EUR 0.24 on Wednesday. ...