MEDICA group launches its initial public offering on Euronext Paris aiming at raising €275 million
The MEDICA group, a leading player in the French long-term and short-term dependency care market, announces the launch of its initial public offering and proposed listing of its shares on Euronext Paris (Compartment B).
The French securities regulator (l’Autorité des marché financiers (the “AMF”)) granted visa no. 10-015 on January 25, 2010 to the prospectus relating to the MEDICA group’s initial public offering.
Commenting on the launch of the initial public offering, Jacques Bailet, CEO of MEDICA group, said: “The market offering proposed today is a new step in the MEDICA group’s development. It aims at enabling the MEDICA group to implement its profitable growth
strategy and significantly increase its financial capacity. As a leading player in the dependency care market, known for the quality of its facilities and building on its expertise and its motivated teams, the MEDICA group is today well positioned to use its strategic
advantages in a growing market”.
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