SAO PAULO, April 19 (Reuters) - Brazil's Diagnosticos da
America SA said on Wednesday it has priced a
follow-on share offering at 8.50 reais per share, raising a
total 1.67 billion reais ($334.98 million).
That represents a 6% premium over Tuesday's closing price of
8.02 reais per share, but was also the minimum price required by
the firm when it launched the offering earlier this month.
The initial offering of 176.47 million new common shares was
increased by 11.6% as demand allowed it, said the company,
popularly known as Dasa. The offering was managed by Bradesco
BBI, BTG Pactual and Itau BBA.
($1 = 4.9854 reais)
(Reporting by Gabriel Araujo, Editing by Louise Heavens)
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