Carl Zeiss Meditec €317 million 10% capital increase

Overview:

• German medical technology company Carl Zeiss Meditec raised around €317 million through a capital increase. 
• The Frankfurt Stock Exchange listed company sold more than eight million new shares for €38.94 each to institutional investors through an accelerated book-building. 
• The transaction increased the company's share capital by 10%.  
• Proceeds from the secondary offering will be used the finance the businesses growth, including through acquisitions, the company said. 
• Commerzbank and Berenberg underwrote the deal. 

Ben Naylor - Regional editor