A&D Pharma announces IPO
Romanian pharmacy group plans to list on London stock exchange.
In what is being billed as the first Romanian company to list in London, A&D Pharma declared its intention today to make an initial public offering of its shares.
A&D Pharma is a Dutch holding company that owns Sensiblu, the largest pharmaceutical chain in Romania with 200 outlets and pharmaceutical wholesale business Mediplus.
The shares are being offered by Dutch investment company Sograno, the principal shareholder in A&D Pharma. The sale is being managed by ING Bank.
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