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Serono raises $967mm in global offering

Executive Summary

European pharmaceutical company Serono (formerly Ares-Serono) raised $967mm in an international offering of 41mm bearer shares at $23.50. The Bertarelli family, founders of the company, also raised close to $1bn from the financing, decreasing their stake to just over 50%.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Financing
    • FOPO

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