Nordic Semiconductor completes $125m capital raising

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 ...Already a subscriber? Login