Led by Frankfurt partner Michael Schlitt, international law firm Hogan Lovells has advised COMMERZBANK AG as Sole Global Coordinator and Sole Bookrunner in the placement of 2,445,050 new shares of INDUS Holding Aktiengesellschaft, a leading specialist in the field of sustainable investment and development in the German-speaking SME sector.
All new shares were placed with institutional investors by way of an accelerated bookbuilding process. The gross proceeds of the issuance amounted to EUR 85m.
The new shares were admitted to trading on the Regulated Market of the Frankfurt Stock Exchange on March 30, 2021 with simultaneous admission to the sub-segment of the regulated market with additional admission requirements (Prime Standard).
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
