Schott Pharma sets IPO price at €27, targets €4.1B market cap

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The valuation puts Schott Pharma’s market capitalization at around €4.1 billion. The firm anticipates gross proceeds of €935 million from the sale of 34.6 million shares. The parent company, Schott, plans to retain a significant majority stake of at least 77% following the IPO.

In a noteworthy development, Qatar Holding has secured a 4.9% stake in Schott Pharma through an investment of €200 million. The IPO and subsequent listing on the Frankfurt Stock Exchange represent a significant milestone for Schott Pharma in its growth trajectory. It will be closely watched by investors and industry stakeholders alike as it unfolds.

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