Deutsche finally gets Medidep offer away

March 23, 2001 12:00 am

Specialist medical care company Medidep completed its Eu31m follow-on offering late last night (Monday). Completion of the issue, led by Deutsche Bank, had to be delayed a week from March 19 because under French regulator Cob’s rules, a follow-on issue cannot be priced underneath the lowest 10 day average over the last 20 days before pricing. This would have meant selling stock at a premium to market price.

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