Lonza Group AG, based in Basel, Switzerland, has successfully placed 5.0 million new shares by way of an accelerated bookbuilding procedure with selected investors in Switzerland (private placement) and outside of Switzerland to institutional investors and qualified institutional buyers. The shares were placed at 173.00 Swiss Francs (CHF) per new share and the gross proceeds from the Placement amount are equal to CHF 865 million. The net proceeds from the capital increase are intended for partially financing the contemplated acquisition of Capsugel S.A., announced in December 2016. The shares placed are sourced from authorized capital of Lonza.
Valensa International has announced that its Parry Organic Spirulina is Certified R.A.W. and Certified C.L.E.A.N. In addition to its raw and clean certification, Parry’s Organic Spirulina meets other quality proof statements, including USP Verified, organic certifications, Food Safety certifications, and GRAS, making it the first and only spirulina product on the market to meet such a broad array of quality assurance standards. Of the certifications, Umasudahan, CEO and president of Valensa said, “We think they open up new market opportunities for our customers – but also help to build trust with every consumer out there.”
Published in WholeFoods Magazine March 2017