March 17, 2020 / 8:28 AM / 14 days ago

BRIEF-Priora Suisse AG Completes Sale Of 2 Mln Shares Of Vifor Pharma At Price Per Share Of CHF96

March 17 (Reuters) - Priora Suisse AG:

* COMPLETED SALE OF 2 MILLION SHARES OF VIFOR PHARMA AT PRICEPER SHARE OF CHF96, RESULTING IN GROSS PROCEEDS OF CHF192 MILLION

* SALE IN VIFOR PHARMA CARRIED OUT THROUGH ACCELERATED BOOKBUILD OFFERING TO INSTITUTIONAL INVESTORS, EXPECTED TO SETTLE ON 19 MARCH

* ON VIFOR PHARMA SHARE SALE, WHILST THERE IS NO FORMAL LOCK-UP, SELLER DOES NOT CURRENTLY INTEND TO SELL ANY SHARES IN MEDIUM TERM Source text for Eikon: Further company coverage:

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