Parallel Trade Adds Up As Abacus Prepares IPO

01 Oct 2018

With revenues from its parallel trade business climbing 50% year-on-year since 2015, Denmark's Abacus is to seek a listing in Germany to help it keep up with demand.

Business is booming at Danish parallel trade company Abacus Medicine which has unveiled plans to list on the Frankfurt Stock Exchange.

The initial public offering is expected to be completed by the end of 2018. It will consist of newly issued shares, raising proceeds of €40m, and the sale of stock...

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