Dis-Chem rises 16% on debut after R4.4bn IPO

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Dis-Chem rises 16% on debut after R4.4bn IPO

Shares in Dis-Chem Pharmacies, the South African retail pharmacy group, closed 16% above their offer price on their debut on Friday, after the company had raised R4.38bn ($305m) by pricing its IPO slightly above the middle of its range on Monday.

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