Sirona Dental Systems, Inc., a US-based manufacturer of dental equipment and technologies, has priced a public offering of 7.5 million shares of its common stock at a price of $23.75 per share for total gross proceeds of $178.12 million.
The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1.12 million shares to cover over-allotments, if any.
Announcement (August 3, 2009):
Sirona Dental Systems announced a public offering of 7.5 million shares of its common stock by Sirona Holdings Luxco S.C.A. The selling stockholder has granted the underwriters an option to purchase up to an additional 1.12 million shares.
J.P. Morgan Securities, Inc. and Bank of America Corporation are acting as the joint book-running managers. Jefferies & Company, Inc. and William Blair & Company, LLC are acting as the co-managers of the offering.
Deal Value (US$ Million) 178.12 Deal Type IPO Sub-Category Secondary Offering Deal Status Announced: 2009-08-03
Deal Participants
Target (Company) Sirona Dental Systems, Inc. Vendor (Company) Sirona Holdings Luxco S.C.A.
Offer Price ($ per share) 23.75 No. Shares Issued 7500000

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