Nordic Semiconductor completes $125m capital raising

By Aidan Gregory
09 Sep 2020

Nordic Semiconductor, the Norwegian maker of semiconductors, has completed an Nkr1.1bn ($125m) growth capital raising to fund M&A opportunities and an acceleration of its growth strategy.

Morgan Stanley, ABG Sundal Collier and DNB Markets were global co-ordinators on the share sale, which was launched after the market close in Oslo on Tuesday evening.

The books were covered less than half an hour after launch, according to a source close to the transaction. The ...

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