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Article content FRANKFURT Shares of laboratory services group Synlab made its market debut in the Frankfurt stock exchange on Friday, opening flat at 18 euros ($21.80) per share, equal to its IPO price. Synlab had cut the size of its IPO and priced the shares at the low end of the marketing range after investors questioned the sustainability of earnings, which had spiked in 2020 on the back of strong demand for Synlab’s COVID-19 testing capacities. We apologize, but this video has failed to load. Try refreshing your browser, or Labs firm Synlab opens flat in Frankfurt stock market debut Back to video ....
SYNLAB sets final offer price for IPO at EUR 18.00 per share Search jobs DGAP-News: Synlab AG / Key word(s): IPO 27.04.2021 / 22:50
Total offer volume of EUR 772 million, assuming full exercise of Greenshoe option Offer price implies a total market capitalisation of EUR 4 billion and a total enterprise value of EUR 5.9 billion Free float expected to amount to 19% of outstanding share capital, if Greenshoe option is fully exercised First day of trading on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange under the trading symbol SYAB is planned for Friday, 30 April 2021 SYNLAB (the Company ), the largest European clinical laboratory and medical diagnostic services company, has set the final offer price for its initial public offering (the Offering ) at EUR 18.00 per share. Assuming full exercise of the Greenshoe option and based on the final offer price, the total offer volume amounts to EUR 772 million. This compr ....
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