Picture of Galderma AG logo

GALD Galderma AG News Story

0.000.00%
ch flag iconLast trade - 00:00
Consumer DefensivesAdventurousLarge CapHigh Flyer

Galderma slips after shareholders sell stake at discount

** Shares in Galderma GALD.S slip around 2% after investors EQT, Abu Dhabi Investment Authority and Auba Investment sell stake in the Swiss skin care company for around 2.6 billion Swiss francs through an accelerated bookbuilding process

** The placement price of 130 Swiss Francs ($163.91) per share corresponds to a discount of about 7% compared to Galderma's shares close price of 139.70 on Monday

** The shares are at the bottom of Swiss mid-cap .SMIM index

($1 = 0.7931 Swiss francs)

(Reporting by Cian Muenster)

((Cian.muenster@thomsonreuters.com))

Recent news on Galderma AG

See all news