Filtering by: “Switzerland”
Galderma SA
Mar
22

Galderma SA

Galderma SA (Ticker: GALD SW), a Switzerland-based dermatology company, is set to list on the SIX Swiss Exchange on March 22, 2024. The company, which was established in 1981 as a joint venture between L'Oréal and Nestlé, has grown to become a significant player in the dermatology market, with a presence in over 90 countries.

Galderma operates in three main segments of the dermatology market: Injectable Aesthetics (e.g. Botox), Dermatological Skincare, and Therapeutic Dermatology. The company has a consumer-centric business model, with more than 90% of its net sales paid by consumers out-of-pocket, boasting portfolio that includes well-known brands such as Restylane, Dysport, Cetaphil, and Alastin. In the year ended December 31, 2023, Galderma reported net sales of 4,082 million USD, representing an 8.5% year-on-year growth on a constant currency basis.

The IPO aims to raise approximately 2.3 billion Swiss francs (USD 2.62 billion) through the offering of over 40 million shares at a price range of 49 to 53 Swiss francs. The proceeds will be used to repaying and refinancing debt. The IPO is backed by European private equity firm EQT and other investors, with Goldman Sachs, Morgan Stanley, and UBS acting as Joint Global Coordinators and Joint Bookrunners.

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Shenzhen Senior Technology Material Co Ltd
Dec
18

Shenzhen Senior Technology Material Co Ltd

Shenzhen Senior Technology Material Co Ltd (Ticker: SENIOR SW) is an electronics company based in China. The company specializes in manufacturing battery components. Shenzhen Senior Technology Material Co Ltd designs, produces, and sells lithium-ion separators, along with ceramic and polymer coatings, wet process materials, and other related products, serving customers globally.

The company has announced its intention to list Global Depositary Receipts (GDRs) on the SIX Swiss Exchange. The firm's China A shares are already listed in Shenzhen under the ticker 300568 CH. For its Swiss listing, Shenzhen Senior Technology Material Co Ltd expects to raise USD 120.00 million. The IPO's offer price is set at USD 9.46 per GDR, and each GDR represents 5 Ordinary A shares. The company plans to offer 12.68 million GDRs. The offering is managed by CLSA Ltd, CMB International Capital Corp Ltd, China Securities International Corporate Finance, and Huatai Financial Holdings Hong Kong Ltd. The expected listing date is December 18, 2023.

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Will Semiconductor Co Ltd Shanghai
Nov
10

Will Semiconductor Co Ltd Shanghai

Will Semiconductor Co Ltd Shanghai (Ticker: WILL SW) operates in the semiconductors industry. The company plans to list on November 10, 2023, on the SIX Swiss Exchange in Switzerland. Will Semiconductor Co Ltd Shanghai is selling 31 million GDRs at the price of USD 14.35. The expected market capitalization at offer is USD 17.44 billion, and the total offer size is USD 444.85 million. JP Morgan Securities PLC and UBS AG are managing the offering. Each GDR represents one ordinary A share. The proceeds from the IPO are intended for research and development, technology upgrades, and potential acquisitions or investments.

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