Hansa Medical trades up after €66m block
In an otherwise barren week for block trades, Hansa Medical, the Swedish biotechnology company, raised Skr399.8m of fresh capital to fund product development. The deal also provided an opportunity for Nexttobe AB to sell a portion of its stake in the company.
Cowen & Co, RBC Capital Markets and SEB were bookrunners.The deal consisted of 1.77m new shares and 888,382 shares sold by Nexttobe, the largest shareholder in Hansa. It was priced at Skr225, a 16.6% discount to the closing price of Hansa on Tuesday, valuing the sale ...
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