Germany: Synlab prices IPO at €18 per share, the lower end of price talk

German laboratory services group Synlab set the pricing of its IPO at €18 (US$21.73) per share, the bottom end of the €18 – €23 per share range marketed during the bookbuilding phase. The total offer volume amounts to €772m, assuming full exercise of the Greenshoe option, consisting of €400m of gross primary proceeds and €372m of…

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