BOOKRUNNERS

Schott Pharma IPO's investor demand exceeds deal size -bookrunners

The IPO values Schott Pharma at up to 4.3 billion euros ($4.59 billion). The German glassmaker is offering a 23 per cent stake in the business at a price of 24.50 euros to 28.50 euros per share. It hopes to raise 849 million to 987 million euros from the share sale.