Pharmaceutical firm Schering has filed a registration statement with the U.S. Securities and Exchange Commission. The filing was made in connection with the listing next month of the Berlin, Germany-based firm’s shares on the New York Stock Exchange.
Trading of Schering stock, in the form of American Depository Receipts (ADRs), is expected to begin October 12 under the symbol SHR. One ADR will represent one ordinary share. The firm is not raising any new capital with the listing, so new shares will not be issued, according to Schering.
By AuntMinnie.com staff writersSeptember 28, 2000
Related Reading
CIS bio to scatter Syncor seeds in global market, August 15, 2000
Schering, Epix, Mallinckrodt exchange rights for cardiac MRI agent, June 9, 2000
Epix and Schering settle patent dispute, May 9, 2000
Copyright © 2000 AuntMinnie.com