Apotex, Backers Raise $932 Million in Canada IPO Priced at Top

AI Summary

Apotex Health Corp. and its backers completed a C$1.3 billion (approximately $932 million) initial public offering in Toronto, marking the largest IPO in Canada since 2021. This significant capitalization event highlights continued investor confidence in the Canadian pharmaceutical sector.

Apotex Health Corp. and some of its backers raised C$1.3 billion ($932 million) in a Toronto initial public offering, the country’s largest since 2021.