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May 12, 2006

Viscom IPO Raises €54M

The Viscom IPO in Germany raised €54M, which was exactly the amount the industrial inspection systems company was aiming for (including Greenshoe). Almost all of that new capital is to be used byViscom for expansion and some strategic acquisitions. Its market cap is at about €184M.

The stock went out at €20.4, slightly above its issue price of €18.50 and was trading at $18.64 as of market close yesterday.

Read - Deutsche Boerse IPO details

Posted on May 12, 2006 07:07 AM | Posted to IPO | Permalink

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