1 Min Read
LONDON (Reuters) - Books on the initial public offering (IPO) of medical products and technologies makers Convatec [IPO-CONV.L] were covered on the base deal size of $1.8 billion (1.47 billion pounds), sources said.
ConvaTec, whose products include wound dressings and colostomy bags, said earlier this month it expected at least 25 percent of its shares to be freely tradeable following the flotation. It could have a market value of about $7.2 billion.
Reporting by Dasha Afanasieva and Robert Venes from IFR; editing by Pamela Barbaglia