Switzerland: Medacta shares trade higher

Shares in Swiss medical device manufacturer Medacta have remained steadily above water after its SIX Swiss Exchange debut last week – the year’s first IPO in Switzerland. It sold 5.7m shares at SFr96 (US$96) per share on 4 April to give the company a market capitalisation of SFr1.92bn. There is also an over-allotment option of…

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