Canada's Labopharm agrees public share sale
Labopharm of Laval, Canada, has entered an agreement for the sales ofits shares with a syndicate of underwriters, led by Research Capital Corp and including CIBC World Markets, National Bank Financial and TD Securities, reports the country's National Post.
Under the terms of the deal, the underwriters have agreed to purchase four million shares in the company and sell these to the public at C$6.75 per share.
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