Switzerland's Infracore announces market capitalization at listing of $1 billion
Switzerland's Infracore announces market capitalization at listing of $1 billion July 8 (Reuters) - Swiss healthcare real estate firm Infracore said on Wednesday its market capitalization at listing will be 826 million Swiss francs ($1 billion), as its stock is set to begin trading in Zurich on Thursday.
The capitalization is based on the fixed offer price of 54 Swiss francs a share, with around 27.5% of the firm's stock being free float, Infracore said.
($1 = 0.8081 Swiss francs)
(Reporting by Tristan Veyet in Gdansk, editing by Dave Graham)
Recent news on Medical Properties Trust
See all newsBrief: Mpt Announces Agreement For $2.4 Billion Private Refinancing Transaction
Medical Properties Trust Inc reports results for the quarter ended June 30 - Earnings Summary
Medical Properties Trust Q2 loss narrows, helped by asset sales, Infracore IPO proceeds
Infracore shares fall below offer price in Swiss debut (updated)
Switzerland's Infracore announces market capitalization at listing of $1 billion