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Brainlab IPO expected to price at 80 euros per share, bookrunner says

Brainlab IPO expected to price at 80 euros per share, bookrunner says

FILE PHOTO: Brainlab logo is seen at the company's headquarters in Munich, Germany July 11, 2017. REUTERS/Michaela Rehle/File Photo

German medical technology firm Brainlab is expected to price at 80 euros ($93.86) per share in its initial public offering planned for Thursday, according to a statement from a bookrunner.

Books are multiple times oversubscribed at that level, the statement said on Monday.

($1 = 0.8523 euros)

 

(Reporting by Alexander Huebner)

 

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