EUROPE/MIDDLE EAST/AFRICA

摘要

BKS Bank reported 43% take-up for its €57.3m capital increase last Friday, with the balance acquired by institutional investors in a follow-on. The bank said that it had attracted a number of new investors through the fundraising. The offering comprised 3.6m shares on a 1-for-10 basis at €15.90. Ascendis Pharma landed US$120m on an overnight stock sale on Tuesday. The Danish biotech will use the proceeds to fund Phase Ⅲ clinical trials. To smooth such a large raise relative to the company's US$475m market capitalization, the company marketed for one day confidentially Tuesday.