Allen & Overy has advised JP Morgan Securities in connection with the capital increase of MorphoSys, raising gross proceeds of approximately €84m (£71m) in a private placement via an accelerated book-building procedure.
MorphoSys has issued 1,514,066 new shares from authorised capital to international institutional investors at a price of €55.76 per share. The offering represents approximately 6.3 per cent of the registered pre-transaction share capital of MorphoSys.
Deutsche Bank and JP Morgan Securities acted as joint bookrunners in relation to the transaction.
The Allen & Overy team comprised partners Dr Oliver Seiler (international capital markets, Frankfurt) and Gernot Wagner (US corporate finance, Frankfurt), as well as senior associate Dr Camilla Kehler-Weiß and associate David Rath (both international capital markets, Frankfurt).