Basilea bins IPO, gets Sfr200m via CB/rights
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Basilea bins IPO, gets Sfr200m via CB/rights

Basilea Pharmaceutica scientist for web

The equity-linked market in Europe has been quiet since Total SA’s $1.2bn deal on November 25, but on Wednesday a very different deal was executed successfully by Basilea Pharmaceutica, a small and still unprofitable Swiss drug company.

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